MTAR looking good , consolidation b4 breakout MTAR looking good , consolidation happeing b4 breakout ,if it cros s1800 target 1960
MTARTECH trade ideas
MTAR TECHNOLOGIES : BULLISH Strong Buying Opportunity - Charts Looks good expect upmove in this stock
Buy Above 1485
Target - 1550 and Target 2 - 1600 & Above
SL - 1388
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Clear bounce back from its previous resistance. Ready for new high 1800+
Clear bounce back from its previous resistance.
Note:- this for educational purpose only do your own analysis before investing.
MTAR 1777 TGT 1863 SL 1726Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Breakout and closed above trendlineNice volume & breakout its supply zone anticipated quick move up to 1900 sl below demand zone
mtar tech near resistance level of ATHjust keep eye on it ..
currentaly moving in upward parallel channel.
it is again approaching its all time high as reistance level..
it may give good b.o. or may give good retracement..
decide on ur own. risky observation.
no view.
Short Term pick ✌✌This scrip is expected to give short Term returns as it had formed a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
MTAR TechnologiesCMP: 1613.25
Cup & Handle already B/O given. Trendline tested after that.
Volume increasing
Tgt-1: 1751
(Short-term)
Tgt-2: 1891.1
(Medium-term)
Tgt-3: 2117.55
(Long-term)
Counted among top suppliers for catering to precision engineering requirements of Indian Defense, Nuclear, and Space sectors.
So, one of the good technological stocks to invest in.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON MTARTECH.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
MTRATECH | Daily | Breakout1)Good Price-Volume action.
2)Broke-out today after few months of consolidation.
3)Breakout supported with good number of volumes.
4)Momentum indicators all in strength.
Buy MtartechBuy Mtartech above 1490
SL- 1380
TG- 1630/1800/2000
Follow me if you like the analysis and if any question ask me frequently.
MTAR Idea for short term and long term baesd on chart pattern. Take trade at your risk. Donot invest more than 5% of capital in any trade
Clear bounce back from its previous resistance. target 1750-1800
Clear bounce back from its previous resistance.
Update on MTAR Tech. Aiming 50% !NSE:MTARTECH has given the awaited breakout and the retest as well.
This idea is an Update on previous one(providing link to it below).
All Support & Resistance, Channels, Risk to Reward and Intended Target is mentioned on the Chart.
MTAR TECH- on the verge of breaking out of consolidationmtar 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
MTAR is Bullish and Blaster!NSE:MTARTECH has shown confluence of
1. 50 SMA support
2. 50% correction of the swing
3. Bounce from support area
MTAR - Reverse Head and ShoulderEverything explained in chart.
Please do your own research.
Have a Great day.
