MMTC Non Profitable PSU showing MULTI-YEAR Breakout

MMTC


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As A Research Analyst ... It is Not an Good Practice to Suggest anyone to invest in Non-Profitable and Loss Making Company....


Every Fundamental Numbers are Either Negative or Not-Satisfying .......


but if we See in Terms of Technical Analysis....

MMTC is Showing Long-Multi-Year Breakout....

so Going with Defined Risk... keeping an Decent Percentage of SL ...

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MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, fertilizers & chemicals and coal & hydrocarbons.