Business News›Markets›Stocks›News›Macrotech Developers stock reclaims 200-EMA on daily charts; time to buy?
Macrotech Developers stock reclaims 200-EMA on daily charts; time to buy?
“Since last few weeks’, Macrotech Developers stock has been consolidating in a broader range of 1050-1250 with prices holding well above its 200-day exponential moving average on daily charts. Traders can buy for a target of Rs 1435-1450 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
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