MMTC trade ideas

tradingcults Updated 

MMTC is looking good for a reversal and hold for the target of 80-85. If it breaks the resistance then we can expect a new rally for 100+ Keep your NOTE: Study before investing into the stocks.

pdmehta35

The stock has experienced an inverted head and shoulders breakout over a period of ten years. Buy for Target of 129/290/590/1190

Finomir

Multi-year range breakout. Watchout for overbought RSI levels around 80 which may lead to some cooling off consolidation but apart from that no resistance on the upside till 2x. Disclaimer: Intended for educational purpose only and it's not a buy or sell recommendation.

Vallabh69 Updated 

Entry - at cmp or 90 SL - 5% or your risk TGT - 10% and 127 (avoid below 89 if daily closing)

mangleshrajput029 Updated 

MMTC trading at 74.90 which gave a range breakout of 10 years and it's looks good for long after give retracement near 64.60. TGT 1 : 105 Note: I'm not SEBI registered. Consult your financial adviser before take a trade.

tradingcults Updated 

MMTC is hovering around it's multi-year breakout zone. Above 72 it can bring another milestone of 100-120. Other scenario, it can consolidate for a week or two after breakout.

ManojTembulkar Updated 

from 2014 stock below level 70 now with volume breakout given hold for longer target

TheTradingEra1

4th of 8 stock of Feb It has break 10 years of saturation. We can expect a good move in MMTC

Vintage_Trader007

MMTC very much near to rounding bottom chart patterns neck zone if this gives breakout of this weekly resistance zone as well as rounding bottom chart pattern neck zone you with strong bullish candle with gud volume bar can play for swing trade with your prefered RR.

lashkarikartik Updated 

MMTC Possible upcoming years multibagger stock minimum target possible 119-147-189 what to say about MMTC ?? cmp.60.40

TheTradingEra1

10 yr Resistance breakout lets wait for it to close above resistance zone then we can enter or in retest we can enter. We can see good momentum

karthikpnair

MMTC channel breakout, can expect to go up till 90, where there can be another resistance

Stocks-n-Trends

Time and again the stock market gets some knee jerk reaction from Investors based on some Hot News. But most news are shortlived and forgotten in forthcoming days. One such interesting counter is MMTC - A PSU Mineral Trading Company with 89% stake with Govt of India. Technical Analysis: Monthly - Inverted Head and Shoulder pattern indicating a...

Happy_Candles_Investment

MMTC Ltd. CMP – 59.95 Market Capitalization Rs 8,992.5Cr Red Flags:🟥 High Valuation (P.E. = 51.7) Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Improving cash from operations annual Previous Happy Candles Number – 36/100 New Happy Candles Number – 81/100 Fresh Entry/ averaging / compounding after closing above...

TITC

MMTC has give a strong breakout on daily chart with huge volume . now we can enter on retest.

vikas011978 Updated 

15/10/2023 MMTC: Cup pattern CMP: 74.60 Target: 10 to 30 % SL:68.5 Information is only for study purpose

vikasbhekare

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...

KarthikramChitavaramSreenathan

MMTC - Huge volume seen with a ten year long breakout , similar to Tanla @ 92.00