mayank79

MTAR TECH- on the verge of breaking out of consolidation

Long
NSE:MTARTECH   MTAR TECHNOLOGIES LTD
mtar tech- Cmp 1461. close abv 1480 will complete Cup and handle formation for tgts 1480+(1480-1160)=1800.

Since ADX is not high on daily charts , better allocate 50% positions on trigger level and remaining positions if closing abv 1570(ATH).

keeping SL at 20SMA dcb. Also chk volumes when there is a bollinger blast

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