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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.

10 day averaged volume of Mmtc is 3444273

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	50.30	50.15	51.10	49.90	0.604 times
29 Wed Nov 2023	50.15	51.00	51.30	50.00	0.823 times
28 Tue Nov 2023	50.80	51.50	51.75	50.60	0.628 times
24 Fri Nov 2023	51.45	52.00	52.50	51.25	0.678 times
23 Thu Nov 2023	51.75	52.50	53.35	51.20	0.78 times
22 Wed Nov 2023	52.45	52.70	54.70	52.20	3.082 times
21 Tue Nov 2023	52.15	52.20	53.10	51.50	1.069 times
20 Mon Nov 2023	51.45	52.45	52.50	51.35	0.479 times
17 Fri Nov 2023	51.85	52.25	53.00	51.60	0.821 times
16 Thu Nov 2023	52.25	52.25	53.05	52.10	0.539 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.1, but if it comes above 51.1, then a intra day buy could be more profitable.
If you take a sell trade below 51.1, then use 51.1 as stoploss and 49.8 as target. However if you take a buy trade in stock , then use 51.1 as stoploss and 52.23 as target.

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	31.30
Downside Target	35.60
Downside Target	38.30
Downside Target	41.90
Downside Target	44.25
Downside Target	49.70
Upside Target	51.20
Upside Target	54.25
Upside Target	54.70
Upside Target	56.20
Upside Target	56.45
Upside Target	57.15
Upside Target	70.35
Upside Target	89.20

Intraday share price targets for Mmtc (MMTC)

Target Type	Value
Downside Intraday Target	49.55
Downside Intraday Target	48.8
Upside Intraday Target	51.4
Upside Intraday Target	52.5
Upside Intraday Target	50.65

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	50.30	51.50	51.75	49.90	0.337 times
24 Fri Nov 2023	51.45	52.45	54.70	51.20	1.542 times
17 Fri Nov 2023	51.85	52.05	54.25	51.60	0.743 times
10 Fri Nov 2023	51.70	54.30	56.20	51.25	0.453 times
03 Fri Nov 2023	53.55	51.60	57.15	49.70	0.808 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
30 Thu Nov 2023	50.30	55.90	56.45	49.90	0.111 times
31 Tue Oct 2023	55.15	58.75	89.20	49.70	1.534 times
29 Fri Sep 2023	58.40	42.00	70.35	41.90	2.102 times
31 Thu Aug 2023	42.10	38.15	44.25	35.60	1.793 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 SELL signal for Mmtc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.73 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.