Micro Inks looks on a critical stage.A classic case of beaten up company.
Story : Promoters sold their stake to a multinational company at 675 per share 7-8 months back.
After that, stock almost halved without any significant result apart from not so good results.
I suggest to keep a watch on this stock. Nothing much has changed after Huber chemical took over except top management.
Chart shows the downfall could be slow down at the region between 250-300.
I recommend to buy once it starts moving up above 300 for a long term investment.
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