MTNL TARGET UPDATE 2-1-2023Look fresh in range 24-26 for upside 40 in med term and 60 in long term with SL 20..!!!
Please make your own research..!!!
MTNL trade ideas
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
TLBO in MTNL Daily Chart - Good to buy for momentum tradeTLBO in MTNL Daily Chart.. Also taking 200 ema ema support on daily chart.. Good reversal from strong support around 17-18 levels.
Good to buy around 24-25 for target of 30 and 40+
Keeping SL below 200 ema on daily basis
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Call Connect ho jayegi #MTNL
please refer to the chart.
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MTNLGovt to bid for mtnl properties. News based event but a big volume hike with marubozu candle. bullish on this stock.
Only for educational purpose.
MTNL Long MTNL range break out with volumes indicate Big upside in coming months.
As the Land Bank story yet to play out some Good news in near future.
Targets of 94/150/196 can be expected in next 6months.
5% allocation of fresh capital can be allocated.
Above views Educational purpose only.
Chart Analysis of MTNL (18 Dec 2021)This stock can give a TTML like rally.
Target : 200
Multibagger Stock.
Accumulation range : 22-30
SL : 20 WCB
Only for educational purpose. Not a recommendation.
MTNL - Multiyear breakoutMTNL has broken 9 years old trend line, reasons for long
1. Multiyear trendline breakout
2. High volumes
3. Sector bullish
4. Broken recent resistance
5. RSI bullish
Disclaimer, for learning purposes.
Watchout for 9-year-old trendline breakoutThe stock is testing it's 9-year-old monthly trendline and looks good (strictly positionally) above 24.4 level for targets of 26.5 and 28 respectively.
Learn & Earn,
Dr. Tanya Kumar
MTNL : Finally out of Blues?1. MTNL has given a stellar upmove of 30% in last 1 week on the rumours of it being privatised.
2. It's currently at strong resistance and also has a strong support @15
3. I would advise to wait for some correction to re-enter around 15 levels or let it cross previous peak i.e. enter again 30+. Till then it's risky to enter in the middle of the move.
MTNL breakout and retestCMP 16.5
The upper trendline has been acting as resistance multiple times. Chances of a breakout.
