Considering the alarming shortage of semiconductor chips automobile market is facing a huge production issue. Maruti suzuki and mahindra has announced the chip shortage and are worried about their production. Tata motors is already facing this issue. Keeping all these facts in mind, this is the right time to enter into semiconductor stocks. It is taking 50 EMA Support , if it closed above EMA then its a time to buy.
Mindteck is one of the semiconductor companies, financials are good, technically this is the right time to enter CMP 92.45
other stocks are SPEL Semiconductor and moschip technology.
Mindteck is one of the semiconductor companies, financials are good, technically this is the right time to enter CMP 92.45
other stocks are SPEL Semiconductor and moschip technology.