technofunda_trader

Moschip ready for the uptrend!🤩💸🔥

Long
BSE:MOSCHIP   MOSCHIP TECHNOLOGIES LIMITED
Buy Moschip Technologies for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡About Company:
Moschip Technologies Ltd is a semiconductor and system design company with a focus on Turnkey ASICs, Mixed Signal IP, semiconductor & product engineering, and IoT solutions catering to aerospace & defence, consumer electronics, automotive, medical and networking & telecommunications.
.
💡Segment-wise Revenue Breakup:
In FY21, semiconductor services & products accounted for ~86% of revenues and embedded services & products accounted for the rest ~14% of revenues.
.
💡International Presence:
The company has significant business from export countries. In FY21, exports accounted for ~58% of revenues compared to 56% in FY20.
.
The stock will most likely get benefitted from PLI scheme launched by the government for Semi-Conductor designers and fabricators
.
✅Although the stock is risky, Technically it is strong with Fundamentals just starting to get better.💪💪
The company recently posted the best Q3 Result.
.
❇️The stock had given 18 Year long Volume Breakout last month and then it was in a retracement phase. Now with volume continuation, we can expect a strong uptrend from here.
.
💎@technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
⁠5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.