Buy: Above 927 Stop Loss: 897 Long Target: 1187 or 1320 Current Market Price: 1101
Risk: 0.9676375404530745%
Disclaimer: I am not a SEBI registered advisor. I am not responsible for any losses or profits that you may incur as a result of following this trading view.
Date: 2023-07-03
Analysis:
MALLCOM stock is currently trading at 1101. The stock has been on a bullish trend in recent months, and it is currently trading above its 200-day moving average. The stock has also been making higher highs and higher lows, which is a bullish sign.
The buy signal for MALLCOM stock is triggered when the stock price closes above 927. The stop loss is set at 897. The long target is 1187 or 1320.
It is important to note that this is just a trading view, and it is not a guarantee of profits. It is significant to do your own research before making any investment decisions.
Risk Management:
It is significant to use risk management when trading stocks. This means setting a stop loss and taking profits when the stock reaches your target. This will help you to minimize your losses and maximize your profits.
Conclusion:
MALLCOM stock is a good buy above 927. The stock has been on a bullish trend in recent months, and it is currently trading above its 200-day moving average. The stop loss is set at 897, and the long target is 1187 or 1320. It is significant to do your own research before making any investment decisions.
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