MIC Electronics Limited (NSE: MICEL) - Weekly Analysis

161
The stock was in downtrend broke the falling trendline with strong momentum, has shown strong rally and after a profit booking expected to continue the momentum.

Entry : 59 to 64 Range
Stoploss: 55
Target: 70, 83, 104 and above.
Book profits as per your risk and reward.

Recent News: The company has been in the news for signing a Memorandum of Understanding (MoU) with TOP2 PTE Limited of Singapore to accelerate India's semiconductor ecosystem. This is a significant positive catalyst that is likely driving the recent rally.

Disclaimer: Investments are subject to market risks; please research carefully before trading.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.