MakeMyTrip Limited (MMYT) Stock Analysis
Falling Knife setup
Consumer Cyclical · Travel Services
Wait for pullback to $39.85. Below 200-day MA (death cross); also weak momentum — blocks BUY_NOW at $41.90. Engine's entry $39.85 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Sector modifier (Consumer Cyclical): -1.5.
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air... Read more
Wait for pullback to $39.85. Below 200-day MA (death cross); also weak momentum — blocks BUY_NOW at $41.90. Engine's entry $39.85 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Sector modifier (Consumer Cyclical): -1.5. Chart setup: Death cross, below all MAs, RSI 34, MACD bearish. Earnings in 0 days. Wait until post-earnings. Score 5.7/10, moderate confidence.
Passes 6/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on death cross (50MA < 200MA) and earnings proximity 0d<=7d. Suitability: aggressive.
Recent Developments — MakeMyTrip Limited
Latest news
- MakeMyTrip Limited Stock 12‑Month Price Target Cut to $75.43, Implies 82% Upside - TradingView — TradingView positive
- A Look at MakeMyTrip Ltd (MMYT) After 7.7% Decline -- GF Value $121.72 vs Price $41.46 - GuruFocus — GuruFocus negative
- MakeMyTrip (NASDAQ:MMYT) Trading Up 15.4% - Here's What Happened - MarketBeat — MarketBeat positive
- MakeMyTrip Price Target Cut Amid Travel Challenges - StocksToTrade — StocksToTrade negative
- Bank of America Slashes MakeMyTrip Price Target Amid Middle East Tensions - timothysykes.com — timothysykes.com negative
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $39.85. Below 200-day MA (death cross); also weak momentum — blocks BUY_NOW at $41.90. Engine's entry $39.85 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Sector modifier (Consumer Cyclical): -1.5. Chart setup: Death cross, below all MAs, RSI 34, MACD bearish. Earnings in 0 days. Wait until post-earnings. Target $73.43 (+75.3%), stop $34.97 (−19.8%), Setup A.R:R 13.9:1. Score 5.7/10, moderate confidence.
Take-profit target: $73.43 (+82.3% upside). Target $73.43 (+75.3%), stop $34.97 (−19.8%), Setup A.R:R 13.9:1. Stop-loss: $34.97.
Sector modifier (Consumer Cyclical): -1.5.
MakeMyTrip Limited trades at a P/E of 86.4 (forward 21.9). TrendMatrix value score: 6.1/10. Verdict: Buy (Wait for Entry).
17 analysts cover MMYT with a consensus score of 4.3/5. Average price target: $84.
What does MakeMyTrip Limited do?MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States,...
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.