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CENTURY PLYBOARDS (I) LTD
Long
Updated

century ply looks bullish in medium term.

79
in weekly - price bounced from uptrend channel support it can easily go to the channel resistance.

also in longer time frame, it broke out of horizontal channel with good volume, snapshot

sl - 280 1st tgt - 330, 2nd tgt - 365
Note
after the 5 wave upmove, it is doing retracement as a zig zag, it should reverse around .618-.786 zone. snapshot
Trade active
price bounced from support
snapshot
ParamjitMahapatro
Ascending ChannelbreakoutBullish PatternsChart PatternsParallel ChannelTrend Analysisuptrend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ascending ChannelbreakoutBullish PatternsChart PatternsParallel ChannelTrend Analysisuptrend
ParamjitMahapatro

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.