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Sunday, July 6, 2014

MMTC@ Delivered Return of over 100% as expected. What Next?

31st Dec 2013 we recommended MMTC at around 52.5+- without any stop loss and talked about 100% upside and said that closing above 56 will mark the rally as per my assumption and it did in style where it went on to hit 106+ on 11th june 2014 delivering return of 100%.

 Link dated 31st Dec 2013@ http://moneymystery.blogspot.in/2013/12/mmtc-its-buy.html

 Now what??? Technically as of  now as long it holds 90 on the downside on closing basis it can hit level of 'upto' 180 to 210 on the upside.

 LTP Rs 94+


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2 comments:

  1. Manish BothraJuly 14, 2014 at 5:51 PM

    As 90 broke it took no time to crack. Currently at 80. So below 90 it could crack down upto 65 to 60+- where once again buy can be initiated.

    ReplyDelete
  2. Manish BothraAugust 26, 2014 at 11:41 PM

    Hits 70 so far.

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