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Yes2Profits

CENTENKA: Flag and Pole Bullish Formation

Long
CENTURY ENKA (NSE:CENTENKA)  
Yes2Profits Updated   
NSE:CENTENKA   CENTURY ENKA
Trend Analysis Chart Patterns Technical Indicators CENTENKA flagformation Bullish Patterns
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trendanalysis chartpattern indicator centenka flagformation bullish
The stock is forming the classic Flag and Pole Formation. The volume is consolidating between 385 and 425, and is soon expected to breakout for a target of 455, and can move ahead to 490.

Supporting Technicals:
RSI: 67 (Bullish but not overbought)
ADX: 51 (Indicating Strong Trend)

Suggested stop loss is 380
Trade closed: target reached:
Target 1 achieved on 12th July 21
Trade closed: target reached:
Target 2 reached on 30th July
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