Moschip ready for the uptrend!🤩💸🔥

Buy Moschip Technologies for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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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 networking & telecommunications.
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💡Segment-wise Revenue Breakup:
In FY21, semiconductor services & products accounted for ~86% of revenues and embedded services & products accounted for the rest ~14% of revenues.
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💡International Presence:
The company has significant business from export countries. In FY21, exports accounted for ~58% of revenues compared to 56% in FY20.
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The stock will most likely get benefitted from PLI scheme launched by the government for Semi-Conductor designers and fabricators
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✅Although the stock is risky, Technically it is strong with Fundamentals just starting to get better.💪💪
The company recently posted the best Q3 Result.
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❇️The stock had given 18 Year long Volume Breakout last month and then it was in a retracement phase. Now with volume continuation, we can expect a strong uptrend from here.
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💎technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
⁠5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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