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...
"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...
Mircele 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...
MIRC Electronics Ltd. engages in the manufacture and marketing of electronics goods primarily under the brand names Onida and IGO. Its products include televisions, air conditioners, washing machines and microwave ovens. The company was founded by Vijay Jaikrishin Mansukhani and Gulu Lalchand Mirchandani in 1981, and is headquartered in Mumbai, India.
MIRCELECTR
