USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
VODAFONE IDEA LTD, JET AIRWAYS INDIA, YES BANK, RELIANCE COMM LTD, INFIBEAM AVENUES L, PC JEWELLER LIMITE
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Levels Mentioned on the chart
MMTC - 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
CCi(D) crosses 100 with 2 strength candles!
All 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
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
Dear All , Everything is mentioned over the Chart ... Good Luck !!!
Query:- If tomorrow is long green candle which closes above 72.80, can we treat the pattern as Morning Doji Star??
MMTC must reverse from Fibo level to validate the retracement
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. ...
CCI D/W/M >100
TGC is True
Duration 4-5 months
Above 65 stock may get momemtum for a big move. Keep a watch.
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 buy set up at 50 percent level,price action,u bottom
a move above 65.5 will be a flag breakout
High Volumes and Long range bars while breaking out from the accumulation pattern. Can be bought with stop below 57
Mmtc looking bullish for long temp buy at cmp target 80-100++++