psu stock looks good cuurent price 644 sl- 600 MSTC Limited is a central public sector undertakings under the Ministry of Steel, Government of India. It is involved in diversified e-commerce services. Its corporate office is in Kolkata, West Bengal with regional branch offices in various other cities
The stock broke out 2021 high with huge volume and a recent PSU rally may have added advantage.
Cmp 522 Stop 480 Target 560 Risk reward 1:1 1month holding period Keep strict stop loss! MSTC Ltd. engages in the export of scrap. It operates through the E-commerce and Trading segments. The E-commerce segment offers e-auction or e-sale, e-procurement services, and development of customized software or solutions. The Trading segment is involved in the import as...
MSTC Low PE, fundamentally decent and into futuristic (scrap trading company and owned by GOI) sector looking good Technically as well Safe entry above 485 FII and DII have increased their stake as well in the latest quarter
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
MSTC-Nice Breakout Capital to be deployed- 20k Investing Price -380-385 Breakout Price -379 Stoploss -357 Targets -450-510 #mstc #StocksToBuy #StocksInFocus #StockMarket #stockstowatch #StocksToTrade
Looks really good after forming a W pattern on higher TF and is likely to give a BO of the critical Gann box levels
target 380................It is going test next resistance level Soon.
MSTCLTD on Daily time frame made a double bottom pattern and also given a breakout of trendline. Giving a good signal to buy also today it given a Bollinger band breakout on upper side. Upcoming Expected level 360 & 385.
Buy = 292.8 Stop Loss = 283.22 Target 1 = 311.96 Target 2 = 321.54 11Sep2021 Bullish MSTCLTD-->MSTC Ltd Buy for short term
MSTC has given breakout above 153 cmp 270+ last few weeks consolidation in a narrow range.. chart indicates ready for a fresh breakout from narrow range... next propbable levels plotted... keep tradign the levels.. Happy trading...........
MSTCLTD LONG IF CROSS 285 TARGET 345/375 WITHIN 1YEAR HALF
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade set up along with the logic has been explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any...