MMTC had given a breakout on monthly basis in January 2024 and now we are seeing the pull back and retest. Coming to a lower TF like daily or hourly we can see that it has been moving in a Parallel Channel from Aug 2023 consistantly making Higher Lows and Higher Highs. Taking 1 HR. Time frame we can see that it is making a Cup and Handle pattern. We have yo wait...
MMTC CMP - 77.35 Target - 150-280 Stock is looking to give a big breakout and give some good returns within 1-3yrs.
Reason for long a) Triangle breakout b) vwap support c) weekly breakout possible d) SL compulsory e) QQE support
MMTC LTD Analyasis on 7 Jan 24 formation of Cup & Handle pattern Stoploss 48 (on closing basis) 40 (Deep stoploss) target 80-90-98
Break out with Decent Volume CMP 78 Buy now & add on dips till 70 SL CLB 66/60 Target 105-125-140 Dont forget to Like & Boost the Idea For more info - Plz visit my profile Regards, Naresh G SEBI Reg.RA
MMTC chart look really good. Make your entries after today's close
📊 DETAILS Sector: Trading Mkt Cap: 8,235 cr MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals,...
*for educational purpose only. MMTC breaking out of 10 year old resistance with momentum. RSI is showing strength on monthly chart.
MMTC- Inv. H&S breakout and retracement done on monthly. Then formed a Rounding bottom on daily and yet to breakout for the target mentioned in the chart. The beauty here is both the monthly target and daily target are matching exactly. Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide...
MMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3...
MMTC Breakout 10 Years Monthly Resistance with Pullback Confirmation Now ready for Rally
For Educational Purpose.. #RISKY #MMTC IS READY TO BUY LONG - On Monthly Chart Showing --- Head & Shoulder Pattern Breakout --- After 10 Breakout ---- Huge Volume Showing Last 2 -3 Months Waiting Time 3-6 Months Long Above - 75-80 SL - 55 Target - 90, 100 & 150 More.. Thank you
MMTC- Inv. Head and shoulder formed and on the verge of breakout. Weekly closing above the neckline is mandatory for confirmation. Note: This is for educational purpose only.
MMTC formed H&S Pattern in monthly time frame it is going up side. target@280, SL@54