CENTRUM CAPITAL LTD. BSE:​CENTRUM

Stock has broken out of a nice channel with decent volumes. Strong accumulation was seen around 50 levels and first signs of break out after recent run. Looking for targets of 90 and then 95

Explained on the chart

Longs can be initiated at CMP . TGT 60, SL 48. Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome

Rectangle makes the chart more interesting. Centrum capitol's price is consolidating inside the rectangle for few weeks. We can accumulate this stock above 45 with the stoploss of 42. Targets are 55, 60 and 65. Consult your financial manager before investing.