MMTC trade ideas
MMTC.. will it be a multi bagger ??A beautiful cup and handle formation and at a resistance which has acted as triple top since 2014 i.e. from 8 long years..... The stock once gives a BO will be unstoppable.... this time there are few factors which were missing earlier when it hit the same level... 1. Volume. 2. RSI.... Chart shared for learning
Breakout in MMTC...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MMTC ,,,monthly chart analysis
A= 1st phase of biuying started
B & C = phase of accumulation zone
* volume bars are huge at buying side clear signs that some one has huge interest in this level!!!
indicator rsi is above 60 on monthly basis
once crossed 65 level huge up side may come
view ---1yrs minimum.
MMTC: On verge of Cup & Handle BO on weekly time frameMMTC is looking good for long. Keep on radar for Breakout.
MMTC BREAKOUT TRADE
Chart is self explanatory. BREAKOUT TRADE- Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MMTC A trendline and a previous resistance break out are found in NSE:MMTC . It has a resistance near 52.20. If price sustains above this level then we may witness a good upside movement in coming weeks.
Thanks & Regards,
Dalal-E
MMTC [falling wedge chart pattern ]my holding stock
A falling wedge chart pattern is known as a continuation and reversal pattern.
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
I am study of price action so this my study , any mistake in study of review on this stock .please clear my study mistake ..
thanks
MMTC is Ready for Swing trade Hi,
With refer above tile the details are as following
MMTC BUY MMTC @ 46 to 48 /share , SL 42 , T1- 53 & T2-63 .
Good luck
Flag Breakout Trading Strategy Hey guys!
This is for learning how to trade flag patterns,
That I've tried to show in this chart.
Q.Why should we trade this pattern?
Ans-
1)This is the most common pattern found. This pattern can be found in every stock,commodity, forex pairs & crypto.
2) Easy to identify.
3) Win rate is extremely high( 70% and above)
4) Risk reward is very high as well.
Q. When to enter?
Ans- After breakout of the trend line.
Q. Where should I put my SL?
Ans- Below the support.
Q. What should be the target?
Ans-In weekly time frame 1:2 is easily expected.
Guys if you have any questions regarding this, you can write me.
MMTC Dated 24 dec 2021 CMP - 47.6 Given a good breakout. This is purely based for educational purpose i would not be responsible for your profit and the loss you made. Do your own analysis and comment if you have any doubt.
MMTC Amazing upmove in 3 trading dayscaptured long positions in mmtc. Personally entered long @41.3 added few more @42.5 waiting for targets above 50.
informational purpose only.
MMTC strong breakout#MMTC
looks good on daily TF
Has done nice breakout with strong volumes.
Will add at these levels.
Aiming for target of 60
With SL of 40
CMP 47
Kindly DYOR
#vr
Head and Shoulders breakout in one hour chart Head and shoulders breakout at good market condition with high volume and high deliveries in MMTC Ltd in hourly chart.
MMTC (Daily Chart) Only for educational purposeNSE:MMTC
Technical analysis: MMTC (Daily) Chart only for educational purpose
MMTC taking support and resistance between trend line.
Support and resistance available in chart
My Target: (Not advising anyone to invest after watching my chart this is only for education purpose)
1. Target – 57.85
2. Target – 61.80
3. Target – 64.00
4. Target – 67.85 Final
I have also some shares in my portfolio and my upcoming targets given above.
Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
#MMTCBe with the time
When the swing start, enter the stock, when it looks weak exit.
Repeat the same and you shall have only winners left
MMTC Breakout!MMTC gave a breakout today with good volumes!
Entry, SL and targets are mentioned in the charts.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
MMTC Broke Long Term Resistance 47.5NSE:MMTC broke the long-term resistance level 47.5 which it was trying to break since AUG 2021. You may give any name to the pattern, but one thing is sure that it entered bullish territory. Volume registered today is also extremely good.
Interesting to trap for buyers.... :)Great to Buy...Good Chart.....MMTC Good Company as fundamentally and technically at buy price nice to add if any one have...
