vikasbhekare

MMTC looks bullish

Long
MMTC (NSE:MMTC)  
NSE:MMTC   MMTC
MMTC looks bullish on Monthly, Weekly and daily timeframes. The volume has increased significantly in the last few sessions. The price has broken its strong resistance @ 68 levels with significant volume. It had been consolidating for quite a few years. It oscillated between 10 to 60 range for a while. One can call it rounding bottom, C&H pattern. If it retraces near 70 levels, it would be a good buy and can achieve 1:3.5 risk-to-reward ratio.
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