Top 3 Long-Term Stocks Recommended for Smart Investors

Fast Summary

• Expert Recommendations: Market analyst Sugandha Sachdeva of SS WealthStreet has identified three stocks under Rs 100 with strong long-term potential: HFCL, MIC Electronics Ltd. (MICEL), and NMDC.
• 1. HFCL (Rs 89-90):

– Technical indicators suggest a bullish trend reversal supported by strong volumes and breakout from a downward sloping trendline since July 2024.
– Trading above the key technical level of Rs 83 (200-week EMA), targeting levels of Rs 106 and Rs 116.

• 2. MICEL (Rs ₹66):

– Recently surged after breaking out of a descending channel with notable volume increases. RSI has jumped to confirm the bullish momentum,targeting levels at rs 82 and Rs ₹90.
– Trading above both the critical averages, including the long-term EMAs (100-day &200)
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