Stock Radar: Long-term trend intact! Chambal Fertilizer trading above 200-EMA
For the past few months, Chambal Fertilizers’ stock price has been consolidating in a broader range of 470-550, with prices holding well above its 200-day exponential moving average on daily charts. Traders can buy for a target of Rs 625-630 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said. Show…