it is forming cup and handle and facing resistance at all time high level.
if we are able to get monthly closing then we may expect BO level retest and then it may act as good support.
high hopes
BUY - MOSCHIP TECH
CMP - Rs. 92
Target - 1: Rs. 126
Target - 2: Rs. 150
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Timeframe - 4 - 8 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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This is symmetrical Trangle Pattern.
Buy after Breakout.
Buy above 83
Target 140
SL 50
Target Achive within 1 Year
Note: I am not SEBI registered.
It's only Education Purpose.
Buy Moschip Technologies for Positional Trading as well as Investment.💸🔥💸
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💡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...
Support activated...Bounced from a confluence of 50 Wk EMA + horizontal support on good volumes ....structure looks bullish & Vol PA doesnt indicate any marjor exits...assuming trend continuation & breakout of sideways zone eventually it can do 90 within a year (SL 40 CB)
