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
If anyone interested in more such fundamental...
the stock is at alltime high thus no lumsum amount can be invested but as the stock is fundamentally good i feel its a good stock to do SIP
(systamatic investment plan)
for long term
irrespective of bull and bear market
.
caution
above is not recommendation , but just an idea of how i do invest or trade in a stock.