India want’s to be a semiconducter global hub. As soon as the current party comes back into the central government, there will likely be subsidiary. The larger players may overall benefit, but MOSCHIP is likely to get leakage of the government money. Last week, the last 5 candles showed good buying demand so bigger players are likely accumulating. The stock faces resistance at the Order block level, however the higher monthly DOL is still in target for short term. Overall in the longer term this stock can be a multibagger as the fundamentals have constantly been in focus. I have already entered in at 104. However only with 40% of the quantity I would like. I am waiting for the stock to hit demand zone near 99-97 to add 60% more. No buy sell reco MOSCHIP
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