CENTRUY ENKA is a fundamentally strong stock and you can plan for a buy if it closes above the Trend line on a daily time frame.
Currently it's in the stage of forming the 3rd Motive Elliott wave , which suggests the bullishness in the market.
Disclaimer: The analysis is just for education purposes. Please do your due diligence
CHART -> Century Enka MONTHLY SETUP
As seen per the chart, we can see a trendline which acted as resistance since 2006. Four times the stock got rejection from that trendline and couldn't close above that on monthly basis.
After 15 years, in January 2022 finally it was able to break out the devil trendline and gave close above that on monthly basis.