rdkriplani

Deepak Fertiliser - ASM 4 to 3

NSE:DEEPAKFERT   DEEPAK FERTILISERS
After 90 days in ASM 4 the stock barely had any volumes and has consolidated for the entire 90 days and is now has finally shifted from ASM 4 -> 3.

The stock could finally start moving now like many of the other fertiliser stocks have been moving.

Long above 440 with a SL below 415.
There is a consolidation of moving averages which could signal a big move is due after so much consolidation. A wedge breakout here could lead to the next bit of momentum.

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