Wednesday, 7 December 2016

MMTC- Hot Stock to Trade

MMTC is looking good on chart. This stock is currently trading at Rs.55/- on NSE with  huge volume of almost 9 times more that its 30 days average volume with about 28 % delivery Volume. One should buy it with strict stoploss of Rs.53/- for intraday target of Rs.58/-& Rs.61/-. Short term Investor should hold this stock with stoploss of Rs.53/- for short term target of Rs.88/- to Rs.93/-. This momentum in the stock may be continue. One should hold it patiently with above said stop-loss. In current scenario It is looking good. This company is regularly paying dividend and has potential to give multibagger return from this level also.


 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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