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Umang Bhutada

15th Jan · SEBI-Registered Analyst

MTAR Technologies – 1D

MTARTECH
Trend: Stock is in a broader uptrend with higher highs and higher lows. Currently pulling back after facing supply near the 2720 zone. Support & Resistance: Support: 2480 – 2500, then 2200 – 2220 Resistance: 2720 – 2750, then 2900+ Expected Move: Holding above 2480 keeps the bullish structure intact and sets up for a possible retest of 2720 and higher later. Short Fundamentals Summary: MTAR operates in high-precision engineering for defence, nuclear, and space — a niche, high-entry-barrier business with strong long-term growth visibility. Final Verdict: Trend remains positive on higher timeframe. Pullbacks toward support can be constructive if structure holds.

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MTARTECH_2026-01-15_15-27-07.png
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