Stock analysis MMTC Limited MMTC
More indepth analysis on MunafaSutra.com
Recent prices of MMTC MMTC Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
21 Mon Oct 2024 | 79.25 | 78.84 to 82.89 | -3.71% | 0.93 times |
18 Fri Oct 2024 | 82.30 | 80.10 to 85.30 | 0.72% | 1.78 times |
17 Thu Oct 2024 | 81.71 | 81.40 to 84.79 | -3.24% | 0.55 times |
16 Wed Oct 2024 | 84.45 | 83.22 to 85.40 | 1.03% | 0.71 times |
15 Tue Oct 2024 | 83.59 | 83.20 to 85.13 | -0.17% | 0.54 times |
14 Mon Oct 2024 | 83.73 | 83.25 to 86.50 | -1.56% | 0.62 times |
11 Fri Oct 2024 | 85.06 | 84.25 to 85.92 | 0.46% | 0.5 times |
10 Thu Oct 2024 | 84.67 | 84.21 to 86.39 | -0.39% | 0.61 times |
09 Wed Oct 2024 | 85.00 | 84.46 to 86.83 | -0.18% | 1.29 times |
08 Tue Oct 2024 | 85.15 | 80.05 to 85.54 | 4.98% | 1.81 times |
07 Mon Oct 2024 | 81.11 | 80.72 to 87.24 | -5.42% | 1.59 times |
04 Fri Oct 2024 | 85.76 | 83.95 to 87.59 | -1.07% | 1.15 times |
Technical analysis forecast for MMTC Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MMTC Limited MMTC at this time. Stock is falling and might fall more.
It appears as if MMTC Limited MMTC gave a large move recently.
Stock of MMTC Limited (MMTC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of MMTC Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MMTC Limited stays below 82, but if it comes above 82, then a intra day buy could be more profitable.
If you take a sell trade below 82, then use 82 as stoploss and 77.3 as target. However if you take a buy trade in MMTC Limited, then use 82 as stoploss and 85.92 as target.