MTNL Shows good strength At that time I seems that MTNL have built huge volume supply at this level,i think this is the best time for buy it with TARGETS and SL, this is only for education purpose not for any recommendation.
MTNL trade ideas
MTNL has successfully broken out of descending triangle pattern ✅MTNL has successfully broken out of a descending triangle pattern on the daily chart, closing above the key resistance level of 50. Sustaining above 50 with strong volume could lead to a rally towards 60 and beyond in the short term. The RSI is trending upwards, indicating growing bullish momentum, making it a strong candidate for a positional trade.
MTNL's Comeback Story: Innovation and GrowthRevitalizing MTNL: A Bright Future Ahead
Target: ₹200
Time frame: 3 years
Mahanagar Telephone Nigam Limited (MTNL), a Public Sector Undertaking (PSU), has faced significant challenges in recent years, leading to a decline in its business fortunes. However, despite being knocked out of the competitive telecom market, the company is poised for a resurgence.
Embracing New Frontiers
As the telecom landscape evolves, MTNL is gearing up to tap into emerging opportunities. The future holds immense promise, and the company is strategically repositioning itself to capitalize on newer forms of communication and technology.
5G: The Game-Changer
A key catalyst for MTNL's revival is the ongoing testing of 5G technology. With its potential to enable faster data speeds, lower latency, and greater connectivity, 5G is expected to revolutionize the telecom sector. MTNL's foray into 5G will enable it to offer cutting-edge services, bolstering its competitive edge.
Ambitious Targets
Three-Year Roadmap
Over the next three years, MTNL will concentrate on:
Enhancing its 5G capabilities to deliver high-speed, reliable connectivity
Developing innovative services and solutions to cater to emerging customer needs
Strengthening its network infrastructure to support growing demand
Fostering strategic partnerships to drive growth and expansion
With a clear vision and robust strategy in place, MTNL is poised to reclaim its position as a leading player in the Indian telecom sector. The future indeed looks bright for this PSU, as it embarks on a transformative journey to reclaim its glory.
MTNL Testing the 50 EMA with Potential Breakout- Keep In Radar
✅ The stock is currently testing the 50 EMA near ₹55, with the price trying to break out from a descending resistance line. If successful, this could indicate a reversal in trend with further upside potential.
✅ The RSI is at 47, showing that the stock has room for upward movement without being overbought. A breakout above the 50 EMA and resistance line could push the stock toward ₹65-₹70 in the near term.
✅ Volume is showing signs of accumulation, and a confirmed breakout with increased volume will reinforce the bullish scenario. Watch for sustained action above ₹55 for confirmation of the trend reversal.
MTNL Stock is Ready for Big Up move 50%NSE:MTNL
Stock is Ready for Big Up side move...Retest Done...Vol. very less in falling phase...now above 75 we can expect strong up move till the 2nd Target Zone. In the Next 8-12 month we can expect Target of 200+ if market situation will be good.
On the Fundamental prospective lot's of thing happening with the company. We can expect some good development on this side in the upcoming month by the government.
Sale of lands and merger with BSNLThe residual MTNL that is defaulting on payments and getting bad name is Govt backed and a sovereign
So, cant and wont sink as a PSU
Now, listen to Modi ji and invest.
MTNL may retest Rs 40, buy there.MTNL may retest Rs 40, buy there. Sl below the trend line.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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Wont stop until it will reach to 150 stock is going to be multifold buy and hold
it has support of TATA and TATA has invested 15000 cr. in the company company’s market cap itself is around 4000 cr. so it can go around 4 fold from here 320rs per share
MTNL Long Term investment - monthly Analysis Buying CMP 69 TarMTNL Long Term investment - monthly Analysis
Buying CMP 69
Targets - 120- 200- 380+
SL below 32
LOng term holders can use 15 as SL
Holding time - 3-4- years
MTNL 41. Is Berk Out level See And Studay He stock is coming to test it's weekly Berk Out level zone.
A weekly closing above 42 can bring more bullish momentum.
This is not a BUY/SELL recommendation.
This idea is for EDUCATIONAL purpose only.
Study & Earne
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 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
RESISTANCE Breakout in MTNL
BUY TODAY SELL TOMORROW for 5%
Bullish Breakout with Strong Indicators, Ready For Upside Rally
Mahanagar Telephone Nigam Ltd (MTNL) - Technical Analysis
✅The stock has been in an uptrend since September 2023, making higher highs and higher lows. Recently, the price has broken above a key resistance level, indicating a potential continuation of the uptrend.
✅Immediate support around ₹38, which was a previous resistance level & Stronger support near ₹32, which aligns with the lower trendline and past price action.
✅There is a noticeable increase in volume accompanying the breakout above the resistance level, indicating strong buying interest and supporting the bullish breakout.
✅RSI is currently at trending upwards, indicating increasing bullish momentum but not yet in overbought territory, also gave breakout & The MACD histogram shows increasing bullish momentum, with the MACD line crossing above the signal line, suggesting a buy signal.
MTNL !! multi year breakout Multi Layer Breakout !!
Volume Support as well
Re-Tested Previous Resistance !!
Plan your Trade with proper Risk management !!
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.
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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 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in MTNL
BUY TODAY SELL TOMORROW for 5%
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 monthly time frame reveals a distinct shift in momentum for MTNL, showcasing a pattern indicative of a potential bullish resurgence. This reversal underscores renewed investor interest and confidence in the stock, creating an intriguing backdrop for those considering bullish trades.
As traders delve into the technical aspects of MTNL, the signals from the monthly time frame become pivotal. The bullish sentiment, reflected in the reversal pattern, provides a clear indication for those who rely primarily on technical analysis for their trading decisions.
It is crucial for traders to approach this opportunity with careful consideration of risk management principles. While technical indicators offer valuable insights, external factors, such as market sentiment and economic developments, should also be monitored to complement the technical analysis.
As MTNL charts its course through this keen reversal on the monthly time frame, traders embracing a bullish stance should stay informed, continuously monitor market conditions, and make decisions aligned with their risk tolerance and trading strategy. Seeking advice from financial professionals or advisors can provide additional perspective tailored to individual trading goals amid this potentially promising technical setup for MTNL.
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 that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in MTNL
BUY TODAY SELL TOMORROW for 5%
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 is as high as it can reach!!
I am not a Financial Advisor( It is other thing that I want to become one~(˘▾˘~)
Just a mere prediction which needs your own research. Enjoy.
P.S. The RSI thing, I exaggerated it, it's around 80(still very high)
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
