Buy Mirc Electronics - Long Term Delivery

Mirc Electronics is a buy with a first target of Rs . 31 and second target of Rs . 38.

Price of this script looks oversold to me. On daily candle chart piercing line pattern has been created with heavy volume so i dont think there is more downside from here in the stock..
However Stop Loss should be place at Rs . 19.80

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Trade closed: target reached


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