MIRCELECTR trade ideas
MICRELECTR Monthly Support ResistanceMICRELECTR Monthly Support Resistance
Support 19.20 - 21.05
Resistance 27.25 - 28.40
MICRELECTR is a high volatile and high risk stock.
Book profit or Loss on the given levels to protect the capital
Bullish Pattern with Breakout📈 Bullish Pattern Alert! 🐂
📊 Pattern: Wedge
📌 Symbol/Asset: MIRCELECTR
🔍 Description:
Stock with Bullish wedge pattern and breakout. RSI also showing breakout.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
buybought at 20.60 sl 19.20 daily closing target 24-25.
It;s not an investment advise to buy or sell
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
CNH brakeout with explosive volcup and handle pattern +emergance of volume in RH side and handle brake brake out explosive vol
Higher High and Higher Low pattern in MircelectrHigher High and Higher Low pattern in Mircelectr
Detailed analysis given on the Chart
NSE:MIRCELECTR
MIRCELECTR IS AT BUYING LEVELMIRCELECTR is at buying level, can consolidate or may take a move for upside.
MIRCELECTR is seems to make new high.As per chart, MACD, RSI, ADX, EMA's
#MIRCELECTR is looking very bullish.
Continuous upper circuit can be till 18~19
TGT1@14.8, TGT2@15.7, TGT3@18
Keep eyes on this.
Buy Mirc Electronics - Long Term DeliveryMirc 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 and technical calls please visit our website wp.me
Looks like in down trendline but can give us huge return This has been sitting at 50% fib retracement and at a key support level (trend line and long time support line)...... worth watching the move
"Mirc electronic" Ready to run after Profit booking"Mirc Electronic" looks positive in Daily chart with forming Higher High's and Higher Low's. According to that the prices are having bull run. Now, going to Intraday 1 hour chart we can see that there is a Trend Line support at current market price indicating that prices may recover from current levels. Adding to that we, Secondly, Usage of Fib Retracement of very recent move in Hourly chart suggest that prices have corrected from its peak and taken trading at it's key support level of 61.8% of Retracement which is most trusty indicator for reversal movement.
RSI, which is used to to identify the strength of market and divergence can be seen in latest candles says that prices are strengthening around those levels.
A long can b initiated around CMP with putting STOP LOSS of previous low according to Daily chart around 47 with a TARGET of 74.
Theory mentioned above is purely according to my Knowledge and may vary. This is not a recommendation and taken position according would be your personal call only.
Mircele small scrip ready for upmove _Triangle BreakoutMircele has given a breakout on weekly chart out of triangle.Ready for upmove with 1st target of 30-31.
It is intresting watch out as if it give close around same levl on 31st july a monthly MACd buy will be triggerred.
On monthly chart there is a trendline form levels of 80 in year 2000 will be broken once it start trading abv 20.
52wk high 22.55 will be first resistance & then it can easily go to above tgt.I expect much higher tgts from 1 year prespective.
Mirc Electronic Looks a decent buy..CMP 14.25 stock was consolidating for quite some time and seems waiting for breakout. RSI too showing positive. Can target 16.5 with stop at 13.7
