Breakout Stocks:JM Financial and MIC Electronics

By | September 27, 2010

MIC Electronics

MIC Electronics broke out of the one year of consolidation.

Today’s volume in NSE was 3 Million shares as against last 10 days average volume of 442,000

Today’s close is above 200 DMA and the breakout is with volumes exceeding 6 times of average volume.

Buy for Tgt of 43.3,46.7 and 49.4


JM Financial

Stock rallied taking support at 200 DMA with huge volumes and now near its breakout at rs45

Buy above 45 Tgt 46.2,49.7 and 53.4

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