MMTC - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 2.6

📊 Analysis: MMTC is trading at ₹55.2, well below DMA 50 (₹61.3) and DMA 200 (₹65.3), indicating bearish undertone. RSI at 29.8 signals oversold conditions, but MACD negative (-2.71) confirms weak momentum. Volume (13.1L) is slightly below 1-week average (13.6L), showing limited participation. Fundamentals are weak with high P/E (201), low ROE (5.69%), and sharp quarterly profit decline (-56.7%). Intraday bounce may occur due to oversold RSI, but risk remains elevated.

💡 Optimal Buy Price: ₹54.5–₹55.5 (only for speculative intraday rebound).

🎯 Profit-Taking Levels: ₹57.0 (first target), ₹58.5 (second target).

🛡️ Stop-Loss: ₹53.5 (below recent support).

⏱️ If Already Holding: Exit near ₹57–₹58.5 if rebound occurs. Cut position immediately if price falls below ₹53.5 with rising volume, as momentum remains weak.

Positive

• 📈 Low debt-to-equity (0.02) ensures minimal leverage risk
• 📊 Oversold RSI (29.8) may trigger short-term bounce
• 💹 Strong 52-week low support (₹42.6) provides downside cushion

Limitation

• 📉 P/E extremely high (201) compared to industry average
• 📊 Weak ROE (5.69%) and ROCE (8.33%)
• 📉 Below DMA 50 & DMA 200, confirming bearish trend
• 📊 PEG ratio (6.92) indicates overvaluation

Company Negative News

• ⚠️ Quarterly PAT dropped from ₹36.7 Cr. to ₹4.88 Cr.
• ⚠️ FII (-0.02%) and DII (-0.03%) holdings decreased, showing lack of institutional confidence

Company Positive News

• ✅ Debt-free structure with debt-to-equity at 0.02
• ✅ Potential rebound due to oversold RSI

Industry

• 🏭 Industry PE at 32.7, MMTC at 201 — highly overvalued
• 📊 Sector sentiment cautious due to weak earnings

Conclusion

🔎 MMTC is a weak intraday candidate with bearish technicals and poor fundamentals. Only speculative rebound trades are possible near ₹54.5–₹55.5 with targets at ₹57 and ₹58.5. Maintain strict stop-loss at ₹53.5. If already holding, exit on rebound or cut losses below support with volume confirmation.

Would you like me to extend this into a basket overlay comparing MMTC with other PSU trading companies or a sector scan of metals & commodities to validate intraday opportunities?