Huge volume seen in this counter
with stock moving up by 5 % in a day
the stock has a resistance at 955, crossing it we can see the targets mentioned in chart
the stock is weak below 899
Buy MMFL in Intraday for target of 1,082.50. Enter around 1,055.50 to 1,060.80. Don't miss it! For more such interesting & exclusive (via chat on this forum) ideas & predictions do hit the like button & follow my user id- thank you
Fundamental Analysis
1. Intrinsic value Analysis: Trading at 20% below estimate of its fair value
2. Earning forecast : Earnings are forecast to grow 15% per year
3. Past earnings : Earnings grew by 17% over the past year (Continu increase on YOY)
4. Peers Comparison : Trading at good value compared to peers and industry
5. General Analysts Outlook : Most...
BUY MMFL PRICE @ CMP876 25% ROI EXPECTED
Buy1 cmp entry @876
Target 1 @1098
ROI 1 @ 25
Buy2 Pending entry @ 695
Target 2 @1098
ROI 2 @57
Our Unique Features:
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs...
This scrip has been choosen for short Term pick as it took support and reversal given. So traders add this scrip to your watchlist and try to capture the momentum. Thanks to all 🙏🙏🙏
NSE:MMFL
#NSE:MMFL Given 2yrs Long Resistance BO. Chances to get a small pull back and bounce.
Marked the levels on chart.
Already shared the same stock @ 669 entry in Feb'22 and those who taken entry are enjoying profits.
New level might be the good choice in trending market and all dips are good opportunities to average if any.
Happy LEarning !!
Mm Forgings Limited
1. A clear neckline breakout from multiple rounding bottoms, a cup-and-handle pattern
2. Very High volume
3. Trend is up
Fundamentals:
1. PE Ratio is half of the industry PE
2. PB Ratio is just 4 - cheap
Chart -> M.M. Forgings Daily
After hitting 5 times to the same resistance, finally it has given a breakout with huge volume. Because it broke out after trying 5 times, all the bearishness is left behind.
CMP: 970
Targets: 1100, 1150 and more
SL: 910
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
if closes above 960 than can buy for swing trade
stoploss below 930
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
