MTNL Stock is Ready for Big Up move 50%

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MTNL
Stock is Ready for Big Up side move...Retest Done...Vol. very less in falling phase...now above 75 we can expect strong up move till the 2nd Target Zone. In the Next 8-12 month we can expect Target of 200+ if market situation will be good.

On the Fundamental prospective lot's of thing happening with the company. We can expect some good development on this side in the upcoming month by the government.
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Sign of reversal...can wait for 60 Breakout
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Today I Bought some quantity at 54 will add more if cross 57 and then heavy buying at 60...

Disc. I can wait 2-3 months

Always trade acc. to your risk reward and time limit.
Chart PatternsFundamental AnalysisTrend Analysis

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