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Published on 9/10/2019 10:40:43 AM | Source: Religare Securities Ltd

Sell Century Textile and Industries Ltd For Target Rs.845 - Religare Securities

Derivative Ideas

CENTURYTEX added around 5% in open interest as short buildup was seen in it in previous session. Current chart pattern also indicates further down move in its price. We suggest selling CENTURYTEX FUTS as per below levels.

Strategy:- SELL CENTURYTEX FUTS BETWEEN 867-871, STOPLOSS AT 881, TARGET 845.

 

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