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+

Advance view given on PSU's on 17th Feb 2014 at Moneycontrol Message Board

MMTC@ THE BEST RISK REWARD RATIO

CHECK THE LINK BELOW@

http://mmb.moneycontrol.com/india/messageboardblog/message_thread/21636228/23842597#m23842597

MMTC@ Its a Buy

Technically MMTC since last 4 month has very well stabilised and seems to have formed a base around the 50 level. This stock could heavily surprise on the upside where on the upper side it has the potential to generate return of over 100% plus in the time to come. A closing above 56 will mark the rally as per my assumption.
Though we are not waiting for the 56 breakout and have recommended a buy at current levels of 52.5+-

No stop loss & time frame.

Note: Its an personal assumption.

MMTC bang on downside target@ down 36%

MMTC so far hits 264 saw downside of around 36% since we gave our view on 1st March here at this blog.
http://moneymystery.blogspot.in/2013/03/mmtc-extremely-weak-on-chartsavoid.html

Now we have come to a level where I presume it to take support & bounce somewhere from the region of 250+-...on further downside if any could see level of upto 230/220. These are the level where we expect the stock to take support n bounce.

MMTC@ Heads we win...Tails we win!!!!

When MMTC was trading around 415 on 1st March 2013 we came up with a view and gave downside target of "UPTO" 267/250. Its corrected heavily from there and went below 300. 

On 8th March we said that We have reached the area from somewhere the stock is likely to take support and give good bounce...am not sure whether it will reach the mentioned level of 267/250 however am comfortable buying near the region of 267/250+- only and not before that. View may differ from person to person.
Cmp Rs 295 when this message posted.

&
Today 12th March MMTC made low of 280.05 and from there it went on to hit 324.

With Money Mystery you will always have the EDGE over other.

MMTC@ Corrected around 29% since then....now what???

On 1st March when I gave my view on MMTC it was trading around 415 and we gave the downside target at upto 267/250 where so far it made low of around 295. We have reached the area from somewhere the stock is likely to take support and give good bounce...am not sure whether it will reach the mentioned level of 267/250 however am comfortable buying near the region of 267/250+- only and not before that. View may differ from person to person.

Cmp Rs 295 when this message posted.

Kind Regards,

Manish Bothra.

MMTC@ Extremely weak on charts...AVOID

Technically MMTC has become very weak below 454/453 so its a clear cut avoid.
No bottom fishing is advised. On the downside it could see level of 'upto' 267/250.
Its going to get strong only once it closes above 454 and further abv 476/477. We have given both side view so trade accordingly.
CMP Rs 415 when this message is posted.