Since, Nifty is under consolidation and forming lower low formation,
Nifty will hit 15836 - 15850 will act as resistance, if it break out there are possibilities to reach 16000 in upcoming week.
If it goes below 15850 then there will be major fall upto 15460 - 15500...
Currently, Century Textile is under consolidation for for two weeks and it will hit around 600 to 650(entry).
After consolidation, If it breaks upside 700 will be first target and breaks recent high of 736 then next target will be 801 - 810.
Forming box pattern since June first week...
If breaks out upside at 2077 first target is around 2130 to 2150. If it breakout long term trend beyond 2150 next target will be 2200++..
If break out is downside at 1990 first target is 1961. If it breakout beyond 1961 next target will be 1930 to 1940...
Possibility of breakout in upside is more than downside...
