MTNL !! multi year breakout Multi Layer Breakout !!
Volume Support as well
Re-Tested Previous Resistance !!
Plan your Trade with proper Risk management !!
−51.30INR
−29.15 BINR
9.35 BINR
267.17 M
About MAHANAGAR TELEP NI
Sector
Industry
CEO
Pravin Kumar Purwar
Website
Headquarters
New Delhi
Employees (FY)
3.57 K
Founded
1986
ISIN
INE153A01019
FIGI
BBG000CVZMZ2
Mahanagar Telephone Nigam Ltd. engages in the provision of telecommunications services. It operates through the Basic and Other Services and Cellular Services segments. The company was founded on February 28, 1986 and is headquartered in New Delhi, India.
MTNL- Maha breakout done on monthlyMTNL- Inv. H&S breakout done on monthly. Currently at resistance. Weekly candle close above the resistance of 51.80 will take it to the mentioned chart.
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis
MTNL ready to double in next few months looking very strong📈 MTNL @51-53
✅ firstly broke 11 year old trendline then came back to retest and sustained there for 1.9 year, now already broke 15 year old resistance with strong candle and high volume
✅Rsi bullish Divergence in monthly time frame says a lot, momentum is also very strong
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
MTNL: A Technical Resurgence Unfolding Sparks Bullish Trade SenIn the world of technical analysis, Mahanagar Telephone Nigam Limited (MTNL) is currently displaying a noteworthy pattern on the monthly time frame. The charts suggest a keen reversal, offering a compelling narrative for traders seeking opportunities exclusively through technical indicators.
The mo
Mtnl Flag and Pole pattern breakoutMtnl Flag and Pole pattern breakout can look for
positional above 32.35 for tp of 39-40
risk reward ration will be 1.34
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
MTNL Breakout Analysis Stock has given BO on daily chart with good volume, trading near 2years resistance area making double bottom, above this level will be good move, follow chart for proper support and resistance levels.
Double Bottom in MTNLThere is 1 year long Double Bottom Adam & Eve in MTNL. Surprisingly this the most perfect Double Bottom I have ever seen( in real charts ofc).
Pros are-
1. Volume is good
2. Pattern is good
3. Breakout is just about to happen
4. Some other indicators are bullish
Con is-
1. RSI in Weekly timeframe
MTNL Multibagger Trading Idea MTNL is going to be multi beggar investing concept & its showing strength keep eye on radar with stoploss of 16.50 as on weekly basis with TGT of 60 in up coming weeks don't bound this stock in time frame risk reward in favour for more details Kindly follow us
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Frequently Asked Questions
The current price of MTNL is 35.05 INR — it has decreased by 1.96% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange MAHANAGAR TELEP NI stocks are traded under the ticker MTNL.
MAHANAGAR TELEP NI is going to release the next earnings report on May 28, 2024. Keep track of upcoming events with our Earnings Calendar.
MTNL stock is 4.53% volatile and has beta coefficient of 0.83. Check out the list of the most volatile stocks — is MAHANAGAR TELEP NI there?
Yes, you can track MAHANAGAR TELEP NI financials in yearly and quarterly reports right on TradingView.
MTNL stock has fallen by 6.28% compared to the previous week, the month change is a 7.68% rise, over the last year MAHANAGAR TELEP NI has showed a 80.21% increase.
MTNL net income for the last quarter is −8.39 B INR, while the quarter before that showed −7.93 B INR of net income which accounts for −5.83% change. Track more MAHANAGAR TELEP NI financial stats to get the full picture.
Today MAHANAGAR TELEP NI has the market capitalization of 22.02 B, it has increased by 10.60% over the last week.
No, MTNL doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, MTNL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAHANAGAR TELEP NI stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 20, 2024, the company has 3.57 K employees. See our rating of the largest employees — is MAHANAGAR TELEP NI on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAHANAGAR TELEP NI technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAHANAGAR TELEP NI stock shows the buy signal. See more of MAHANAGAR TELEP NI technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAHANAGAR TELEP NI EBITDA is −5.39 B INR, and current EBITDA margin is −47.33%. See more stats in MAHANAGAR TELEP NI financial statements.