Centenka Range BOBuy Century Enka
Closing Price - 459.2
SL - 380 (Weekly Closing Basis)
Target - 675/800
Centuryenka
CENTURY ENKA-CUP & HANDLE BREAKOUT DAILY TIME FRAME .Swing Trade-Century Enka Cup & Handle Pattern Breakout Daily Time Frame. Expect a 5-7 % Return on This stock. Only Education Purpose.
CENTURY ENKA | MID-LONG TERM TECHNICAL ANALYSIS
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
Century enkaCentury enka🎩
👉Cup & Handle on daily chart
👉Breakout zone 626-637
👉Good support near 563-565
Century EnkaCentury enka🎩
👉Cup & Handle on daily chart
👉Breakout zone 626-637
👉Good support near 563-565
Historical Devil Trendline Breakout!!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.
This should be enough for stock to travel in new territories, but financials has to be look into too. Coincidentally tomorrow (03 Feb 2022) is Q3 results. Keep in radar!
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Century enka, Enter with patienceWonderful chart.
Need to add from 475 till 460.
With SL on weekly basis of 400.
Looking for 40% plus target
CENTENKA: NEAR BREAKOUT NSE:CENTENKA
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Century Enka BreakoutPositional Trade(2-3 weeks):
Buy: Century Enka
CMP: 411
Target 1: 440
Target 2: 444
Stop Loss: 393
