MMTC trade ideas
MMTC Hourly Complex Pullback . #NSE #BSE #NIFTY50 #NIFTY Entered MMTC at 18.35 . With NSE:MMTC a Target of 20.70 . Hope it breaks with good #Volume.
MMTC - Descending Triangle PatternMMTC - Descending Triangle Pattern has formed, watch out for breakout. If it breaks the trend line then go long and if it breaks the support line then it would fall further
MMTC: SWING / POSITIONAL / IntradayAll mentioned & plotted on Chart.
My personal View.
As i am not SEBI regd. analyst, take this study as educational purpose.
For taking trade decision Consult with financial Advisor
A Period of Consolidation before Next correction This is a classic pattern of Institutional create during trading seasons , the script is in Side ways where retail traders tend to take trade and losses
once the current distribution of institutional is over then they will mark down the price to lower level and the rebound to next impulsive Move
MMTC : A Good Buy For Short Term ... {Bullish}Dear All , Everything is mentioned over the Chart ... Good Luck !!!
MMTC - Morning Star (with Rejection candle)Query:- If tomorrow is long green candle which closes above 72.80, can we treat the pattern as Morning Doji Star??
Please comment
MMTC ROUNDING BOTTOM FORMATION ON THE GO. MMTC Has Currently made Multiple Top break out and if it crosses 107 and holds strong, It is a classical rounding bottom, and the stock has futuristic growth and possibly reach a target of 500+.
MMTC is tied up with paytm for the supply of gold and other precious metals.
Being a Public sector company, This is the Ultimatum time for MMTC.
MMTC Bouncing from 0.50 Retracement.MMTC: @ 58.7
Trade Type: SWING / Positional /Short Term.
Bullish GARTLEY, having PRZ: @ 53.6
BEST ENTRY: @ 57.70 - @ 57
Long for TGT:
@59.7, @ 60.75, @ 61.5 , @ 63.8, @ 67 , @ 69.4+
SL: 1.5% Below PRZ (By Closing)
MMTC momentum and price breakHigh Volumes and Long range bars while breaking out from the accumulation pattern. Can be bought with stop below 57
