MMTC trade ideas
MMTC -- ON RADAR MMTC --keep on RADAR..for BUY list ..at correction around 46-47 level current CMP 48.50 .. Stock made high recently 64 sub level after that sharp correction upto 48 level now.. stock has strong support around 45-47 level ..before 3 times bounce back seen on chart at same level ..3 up arrow indicate on chart this level.
RSI showing in range of oversold level bellow 30 RSI can move where price correction comes to buy level 46-47 . for at next bounce from this level TARGET 50-52-55 can seen on this rally upward for stop loss 45
support and resistance explain on chart this setup apply for hourly chart so be watchful on same time frame
THIS IDEA IS FOR EDUCATIONAL PURPOSE. !! trade at own risk. !
HAPPY TRADING. ! .
MMTC low risk high return RRR 1:2Break out at 53 then go to 64 high now on retest level again may to 60 rupees good RRR
Question on MMTCQuestion on MMTC
Stock is in good resistance zone but trending with Momentum.
Buy above 53
Sl 48
May reach 62 and then more.
MMTC Positional View !!MMTC : cmp : 57.25
A ascending scallops kind of pattern has been formed in daily chart with small gaps.
As well as same pattern formed in volume chart also.
after that small correction happened.
now it is in good accumulation zone or may be some dips.
Accumulation Zone : 54 - 57.5
Profit booking Zone may be : 72 -76
Sl 48 /According to your risk appetite.
Time horizon : 7 - 180 days.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
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MMTC.. will it be a multi bagger ??A beautiful cup and handle formation and at a resistance which has acted as triple top since 2014 i.e. from 8 long years..... The stock once gives a BO will be unstoppable.... this time there are few factors which were missing earlier when it hit the same level... 1. Volume. 2. RSI.... Chart shared for learning
Breakout in MMTC...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MMTC ,,,monthly chart analysis
A= 1st phase of biuying started
B & C = phase of accumulation zone
* volume bars are huge at buying side clear signs that some one has huge interest in this level!!!
indicator rsi is above 60 on monthly basis
once crossed 65 level huge up side may come
view ---1yrs minimum.
MMTC: On verge of Cup & Handle BO on weekly time frameMMTC is looking good for long. Keep on radar for Breakout.
MMTC BREAKOUT TRADE
Chart is self explanatory. BREAKOUT TRADE- Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MMTC A trendline and a previous resistance break out are found in NSE:MMTC . It has a resistance near 52.20. If price sustains above this level then we may witness a good upside movement in coming weeks.
Thanks & Regards,
Dalal-E
MMTC [falling wedge chart pattern ]my holding stock
A falling wedge chart pattern is known as a continuation and reversal pattern.
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
I am study of price action so this my study , any mistake in study of review on this stock .please clear my study mistake ..
thanks
MMTC is Ready for Swing trade Hi,
With refer above tile the details are as following
MMTC BUY MMTC @ 46 to 48 /share , SL 42 , T1- 53 & T2-63 .
Good luck
Flag Breakout Trading Strategy Hey guys!
This is for learning how to trade flag patterns,
That I've tried to show in this chart.
Q.Why should we trade this pattern?
Ans-
1)This is the most common pattern found. This pattern can be found in every stock,commodity, forex pairs & crypto.
2) Easy to identify.
3) Win rate is extremely high( 70% and above)
4) Risk reward is very high as well.
Q. When to enter?
Ans- After breakout of the trend line.
Q. Where should I put my SL?
Ans- Below the support.
Q. What should be the target?
Ans-In weekly time frame 1:2 is easily expected.
Guys if you have any questions regarding this, you can write me.
MMTC Dated 24 dec 2021 CMP - 47.6 Given a good breakout. This is purely based for educational purpose i would not be responsible for your profit and the loss you made. Do your own analysis and comment if you have any doubt.
MMTC Amazing upmove in 3 trading dayscaptured long positions in mmtc. Personally entered long @41.3 added few more @42.5 waiting for targets above 50.
informational purpose only.
MMTC strong breakout#MMTC
looks good on daily TF
Has done nice breakout with strong volumes.
Will add at these levels.
Aiming for target of 60
With SL of 40
CMP 47
Kindly DYOR
#vr
Head and Shoulders breakout in one hour chart Head and shoulders breakout at good market condition with high volume and high deliveries in MMTC Ltd in hourly chart.
