EXPECTING A BULLISH MOVE IN CENTURYPLY

As per the 2 Hour Chart of CENTURYPLY LIMITED, we have witnessed a Formation of “Hammer” on the chart. Therefore, we are expecting a bullish momentum in CENTURYPLY in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 610.10, 620.55, and 631.90. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 585.60, on closing basis. Closing Price (as on 31.12.21) : 600


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Comment:

CENTURYPLY has successfully reached its predicted 1st level of Resistance, reflecting an uprise of 1.98% approx. and has made a High of 620, thereby reflecting an upmove of 3.33% approx.

Comment:

CENTURYPLY has successfully reached its predicted 2nd level of Resistance, reflecting an uprise of 3.42% approx. and has made a High of 625, thereby reflecting an upmove of 4.16% approx.

Comment:

CENTURYPLY has successfully reached its predicted 3rd & Final level of Resistance, reflecting an uprise of 5.32% approx.