AI MMYT Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: MMYT could see an upturn driven by market optimism around travel recovery, evidenced by increasing call volumes and trends in implied volatility suggesting expected upward movement. Strong historical performance reinforces the positive outlook.


Bearish Case: A bearish outcome remains plausible if market saturation and ongoing legal challenges prevail, leading to negative sentiment. Current high implied volatility indicates a market wary of possible downturns or corrections.


Potential Outcomes:

1. 40% chance of steady growth driven by travel demand resurgence;

2. 30% chance of decline due to legal issues;

3. 20% chance of sideways movement as market hesitates;

4. 10% chance of a sharp rise on unforeseen positive news.


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August 27, 2024


MakeMyTrip Forecast

MMYT      MakeMyTrip











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