mmp industries ltdstock : mmp industries ltd
trade : long (cash segment)
buy @ 307 above
sl @ 293
target 1 @ 325
target 2 @ 355
note :
this information is only for education
MMP trade ideas
MMP- C&H breakout doneC&H breakout done for the target mentioned in the chart.
Good upside is seen in a month or so.
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MMP - Ichimoku Bullish Breakout Stock Name - MMP Industries Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 175
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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MMPMMP Industries Ltd
CMP: 213
A global player in the field of Aluminium powders and Aluminium pastes.
MMP INDUSTRIESmmp industries is an aluminium Metal powder manufacturing company. once it is crossed 195 in the daily chart with moments. then we can expect 20% up movements in short term.
MMP stock to take long.Look at the strength in chart all-time high level touched today. Wait for the BO of the higher resistance level. Good stock for both trading & investment. Long After the BO above 222 on day end closing candle. SL 215 TGT 240-250-255. This is for your educational purpose only.
MMP Industries positional View !!MMP : cmp : 179.45
A flag kind of pattern has been formed in daily chart.
Breakout done near 170-175 level.
Making higher highs for 3 days.
RSI & MFI trending up.
Accumulation Zone : 166 - 172
Profit booking Zone may be : 198 - 236
Sl 156 /According to your risk appetite.
Time horizon : 7 - 180 days.
Disclaimer: Ideas for learning Only.
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Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
MMP Industries bounces back1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Largest weekly price spread
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
buy NSE:MMP with a stop just below Rs.190.
Chart Analysis of MMP (8 Jan 2022)ATH Weekly closing done in this counter.
Breakout above 196 can give
Accumulate in range of 185 to 175
Target : 235
SL : 170 WCB
Only for educational purpose. Not a recommendation.
MMPBuy between ₹102.50-104
Stop loss for long term would be near ₹89-90
(P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.)
MMP industries to take long entryLong MMP industries above 88.75 first target 100 second target 110 SL 82. Stock trading in the channel. Once we got channel BO we can ride with the trend. Also on daily we have seen Bullish Engulfing candle to take long entry. This is for your educational purpose only.
MMP- A bear trendThe descending triangle shows a downside,bears will take charge if the support level at 184 is broken. A trend pattern shows a definite continuation of a bear trend
