Mayukh Dealtrade's Stock Receives 'Sell' Call from Leading Platform, Performance In Line with Sector

Jan 05 2024 08:09 PM IST
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Mayukh Dealtrade, a microcap trading company, has been in the news for its stock performance. According to MarketsMojo, the stock has been given a 'Sell' call and reached a 52-week high of Rs. 16.07. However, it has seen a trend reversal after three days of gains and underperformed the overall market on the day of the call. Investors are advised to do their own research before investing.

Mayukh Dealtrade, a microcap trading company, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' call. The stock touched a price of Rs. 16.07, after reaching a high of Rs. 16.94. This marks a new 52-week high for the company.

In terms of performance, Mayukh Dealtrade's stock has been inline with the sector. However, it has seen a trend reversal after three consecutive days of gains. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

On the day of the stock call, Mayukh Dealtrade's performance was -0.43%, while the Sensex saw a performance of 0.25%. This indicates that the stock did not perform as well as the overall market.

As a microcap company in the trading industry, Mayukh Dealtrade's stock performance is closely watched by investors. While the stock has seen a recent dip, it remains to be seen how it will perform in the coming days. Investors are advised to do their own research and make informed decisions before investing in the company.
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