MACPOWER CNC showing good signs of demand at 50 ema with strong volume. Historically this scrip has always taken a good support from 50 ema and continued its positive trend. Another sign of strength is the scrip hasn't yet covered the price gap created on Sep 2022. This shows a strong demand for this scrip. Plus points in this scrip is its positive growing balance sheet and negligible debt. I have entered in this scrip and placed stoploss at 274.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.