smallcapDADDY

MMTC-->solid 30% upside potential after breakout

Long
MMTC (NSE:MMTC)  
NSE:MMTC   MMTC
>only initiate buy position after breakout above the drawn line for some easy bucks

Comments

This stock is simply trash
+1 Reply
smallcapDADDY worldlyDingo10715
@worldlyDingo10715, it doesn't matter cause for short term trading i just need a breakout to make profit.
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I bought it at different levels but it's breaking down all support levels on daily basis. Before breakout it surely gonna trap many buyers.
+1 Reply
smallcapDADDY worldlyDingo10715
@worldlyDingo10715, yes currently its weak and market is also dragging it down fast.. always use a stoploss .. i use 3-4% stoploss on my short to mid term trades
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Well, the the stock is in my portfolio for investment purposes as of now until it starts giving me returns. No use of booking loss. Let sellers fill in their pockets before retail buyers!!
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It'd be great if you can post the updated graph 📊 for this stock so so that we can see the new trend line support and resistance levels.
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how many MA is the blue line?
+1 Reply
@atifsharif7865 50EMA.. don’t buy until it breaks out of this falling trendline
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