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HIDIRECT #StockMarket #StockIdeas #StocktoWatch #StockToBuy

Long
NSE:HIRECT   HIND RECTIFIERS LTD
HIDIRECT in developing, designing, manufacturing and marketing Power Semiconductor, Power Electronic Equipments and Railway Transportation Equipments.
-->>Good Business models & Product
good profit growth of 40 .78% CAGR over last 5 years
On June Qtr, FIIs holding increased from 0 to 2.78%
With Power, Railway & other Infrastructure growth, this also grow with them.
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On weekly Chart Good Volumes coming, taking Support from 20MA.
Buy at CMP 30% buying or safe buy above 185 levels
with SL of 130 levels, for targets of min 210/240/260+++
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Strict SL to be followed
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Look for positionally long view, may move slowly.

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