Title
by Americanbulls.com LLC
Last Update
17-01-2019
MMTC.BO
M M T C
Last Signal: STAY LONG
Last Pattern: BEARISH ENGULFING
Last Close:
28.8500
Change:
-0.4000
Percent change
-1.37%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 31-12-2018, 17 days ago, when the stock price was 30.1800. Since then MMTC.BO has fallen by -4.41%.
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
31-12-201830.1800BUY 119.79
24-12-201829.2000SELL 120.63
12-12-201827.1600BUY 112.99
22-11-201829.8200SELL 113.79
20-11-201830.4800BUY 117.13
15-11-201830.2700SELL 117.96
30-10-201827.8100BUY 109.14
16-10-201831.3600SELL 109.91
11-10-201825.6500BUY 90.53
21-09-201832.0100SHORT 76.59
18-09-201832.2900BUY 78.35
06-09-201831.0500SHORT 82.76
31-08-201832.2000BUY 87.04
23-08-201832.4100SHORT 87.70
20-08-201832.9000BUY 90.29
10-08-201833.3500SELL 90.93
02-08-201833.8500BUY 92.94
26-07-201832.2500SHORT 99.18
24-07-201831.8400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
31-12-201830.1800BUY 264.82
24-12-201829.2000SELL 266.69
12-12-201827.1600BUY 249.81
22-11-201829.8200SELL 251.57
20-11-201830.4800BUY 258.95
15-11-201830.2700SELL 260.78
30-10-201827.8100BUY 241.28
16-10-201831.3600SELL 242.98
11-10-201825.6500BUY 200.14
21-09-201832.0100SHORT 169.33
18-09-201832.2900BUY 173.23
06-09-201831.0500SHORT 182.99
31-08-201832.2000BUY 192.45
23-08-201832.4100SHORT 193.92
20-08-201832.9000BUY 199.64
10-08-201833.3500SELL 201.05
02-08-201833.8500BUY 205.50
26-07-201832.2500SHORT 219.29
24-07-201831.8400BUY 219.57
13-07-201833.8250SHORT 210.33
06-07-201833.2900BUY 209.93
21-06-201837.8800SELL 211.41
07-06-201832.9900BUY 185.42
31-05-201835.8650SHORT 174.09
23-05-201834.4250BUY 169.46
27-04-201844.0760SELL 170.65
19-04-201842.9402BUY 167.42
12-04-201842.3000SELL 168.60
03-04-201838.1840BUY 153.27
20-03-201843.7473SELL 154.35
13-03-201832.1834BUY 114.35
25-01-201841.7334SHORT 94.37
22-01-201843.3000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
31-12-201830.1800BUY 258.70
24-12-201829.2000SELL 260.52
12-12-201827.1600BUY 244.03
22-11-201829.8200SELL 245.75
20-11-201830.4800BUY 252.96
15-11-201830.2700SELL 254.74
30-10-201827.8100BUY 235.69
16-10-201831.3600SELL 237.35
11-10-201825.6500BUY 195.50
21-09-201832.0100SHORT 165.40
18-09-201832.2900BUY 169.21
06-09-201831.0500SHORT 178.74
31-08-201832.2000BUY 187.98
23-08-201832.4100SHORT 189.41
20-08-201832.9000BUY 194.99
10-08-201833.3500SELL 196.36
02-08-201833.8500BUY 200.71
26-07-201832.2500SHORT 214.18
24-07-201831.8400BUY 214.45
13-07-201833.8250SHORT 205.43
06-07-201833.2900BUY 205.04
21-06-201837.8800SELL 206.49
07-06-201832.9900BUY 181.10
31-05-201835.8650SHORT 170.03
23-05-201834.4250BUY 165.51
27-04-201844.0760SELL 166.68
19-04-201842.9402BUY 163.53
12-04-201842.3000SELL 164.68
03-04-201838.1840BUY 149.70
20-03-201843.7473SELL 150.76
13-03-201832.1834BUY 111.69
25-01-201841.7334SHORT 92.18
22-01-201843.3000BUY 96.99
01-01-201848.7334SELL 97.67
27-12-201748.0072BUY 96.89
29-11-201751.6142SHORT 91.84
27-11-201752.5000BUY 94.74
22-11-201752.6000SELL 95.41
20-11-201753.7667BUY 98.21
10-11-201757.1293SELL 98.90
01-11-201742.6091BUY 74.28
19-10-201740.0354SELL 74.80
05-10-201738.2200BUY 71.91
22-09-201741.4264SELL 72.42
20-09-201740.6311BUY 71.53
11-09-201739.4667SELL 72.03
28-08-201737.5000BUY 68.92
10-08-201738.1136SHORT 68.79
26-07-201739.2051BUY 71.76
19-06-201740.6000SELL 72.27
08-06-201737.7183BUY 67.61
06-06-201737.0447SHORT 69.84
26-05-201739.0232BUY 74.61
17-05-201743.3667SELL 75.14
09-05-201743.9334BUY 76.66
05-05-201744.2677SELL 77.20
03-05-201745.5334BUY 79.97
28-04-201743.9734SELL 80.53
31-03-201741.3000BUY 76.17
28-03-201741.2848SELL 76.71
24-03-201742.5334BUY 79.59
20-03-201741.2856SHORT 83.23
16-03-201741.5780BUY 85.01
03-03-201742.1334SHORT 85.09
01-03-201742.5500BUY 87.15
23-02-201742.4502SHORT 88.59
21-02-201743.1162BUY 91.25
16-02-201742.8667SHORT 93.08
14-02-201743.6442BUY 96.11
30-01-201743.6798SELL 96.79
25-01-201744.5000BUY 99.30
† Trade commissions are taken as 0.70%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Hindustanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Hindustanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Hindustanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Hindustanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.