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...
Based on recent consolidation on high volume - we see Centuryply - possibly trying to take out the Price Rejection Zone.
Good opportunity to enter with long term view.
Once price rejection zone is crossed -- we can see good growth.
CMP = 405 is ATH.
Breakout confirmed from Ascending Channel Pattern
Ready to Rally 24% and test its Multi-Year Trend Line Resistance
Target : 496
SL = 356
Golden Cross Over signals very Bullish Phase ahead
In coming weeks
Nifty Small Cap 100 may make new ATH above 9656.
From here a swift Potential Rally of 15% ahead till 10044.
Golden Cross Formation on WCB >> Very Bullish Signal
Watchlist to participate in Rally
Target 44 // 90++
Invest & hold
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INVERTED HEAD & SHOULDER PATTERN tested & then breaksout!
Super Bullish on this stock.
From Rachit Sethia with 💚