After 18 weeks of consolidation, Centuryply's price broke out and is currently in an ideal buying zone in the range between 719 and 749.
Probable initial target of 855 with support at 661.
Keep a strict stop loss at 5-8% or as per your risk management.
Note: Not a buy and sell recommendation, but a personal analysis.
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...
