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MMTC LTD
Long

MMTC looks bullish

Di 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 near 70 levels, it would be a good buy and can achieve 1:3.5 risk-to-reward ratio.
Chart PatternsTechnical IndicatorsTrend Analysis
vikasbhekare

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