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(MMTC) Mmtc complete technical analysis [charts+indicators] | Buy/Sell Mmtc | (MMTC) share price targets

Complete technical analysis of Mmtc (MMTC) by charts plus indicators, forecast predictions and share price targets for Mmtc (MMTC)

Mmtc trades in NSE in Comm.Trading & Distribution sector.

Showing technical analysis as on 2024-10-08 View latest technical analysis

10 day averaged volume of Mmtc is 2203788

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	85.15	80.05	85.54	80.05	1.49 times
07 Mon Oct 2024	81.11	86.30	87.24	80.72	1.312 times
04 Fri Oct 2024	85.76	86.05	87.59	83.95	0.946 times
03 Thu Oct 2024	86.69	87.00	89.49	86.10	1 times
01 Tue Oct 2024	90.04	90.00	91.17	89.60	0.643 times
30 Mon Sep 2024	89.59	90.13	90.70	89.10	0.836 times
27 Fri Sep 2024	89.73	90.50	92.67	89.24	1.297 times
26 Thu Sep 2024	89.91	90.99	91.32	89.51	0.569 times
25 Wed Sep 2024	91.18	91.88	92.25	90.61	0.68 times
24 Tue Sep 2024	91.88	94.29	94.57	91.50	0.809 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 87.1, but if it comes above 87.1, then a intra day buy could be more profitable.
If you take a sell trade below 87.1, then use 87.1 as stoploss and 82.5 as target. However if you take a buy trade in stock , then use 87.1 as stoploss and 90.87 as target.

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	63.00
Downside Target	76.96
Downside Target	80.05
Downside Target	83.95
Upside Target	87.24
Upside Target	91.17
Upside Target	95.60
Upside Target	96.00
Upside Target	97.15
Upside Target	97.30
Upside Target	101.65
Upside Target	112.48
Upside Target	131.80

Intraday share price targets for Mmtc (MMTC)

Target Type	Value
Downside Intraday Target	81.05
Downside Intraday Target	76.96
Upside Intraday Target	88.24
Upside Intraday Target	91.34
Downside Intraday Target	84.15

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	85.15	86.30	87.24	80.05	0.818 times
04 Fri Oct 2024	85.76	90.13	91.17	83.95	0.651 times
27 Fri Sep 2024	89.73	91.90	96.00	89.24	1.078 times
20 Fri Sep 2024	91.33	95.75	97.30	88.50	0.715 times
13 Fri Sep 2024	95.12	95.60	97.15	92.40	0.956 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mmtc (MMTC)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	85.15	90.00	91.17	80.05	0.216 times
30 Mon Sep 2024	89.59	101.40	101.65	88.50	0.238 times
30 Fri Aug 2024	100.94	111.66	112.48	95.60	0.304 times
31 Wed Jul 2024	111.16	79.20	131.80	76.96	4.994 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mmtc (MMTC)

Price action analysis of Mmtc ( (MMTC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mmtc ( (MMTC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mmtc ( (MMTC) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mmtc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mmtc in short term and the sell signal is strong.

Mmtc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mmtc in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mmtc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.43 and Mmtc (MMTC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mmtc (MMTC) stock. Volume based technical analysis of Mmtc (MMTC) stock is negative.

Mmtc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.