08-04-2022 10:18 AM | Source: Jainam Share Consultants
Stock Pick : Buy Century Plyboards Ltd For Target Rs.672 - Jainam Share Consultants
News By Tags | #3104 #6348 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

* The stock price closed at Rs.611.35 on 3" August 2022. It has made a 52 week High| at 749.

* Currently the stock has given bullish chart} pattern formation which resemble as Cup and Handle chart pattern breakout on daily} chart.

* The volume is seen very high at the time off breakout.

* The momentum indicator is also above 60} level which is in a bullish territory, that) indicates bullish momentum at current level. We expect the stock price to continue its} current bullish momentum and head towards 668-672 levels considering the current price action.

Chart of the Week

STOCK NAME : Century Plyboards CMP : 612  BUY @ 612  TGT : 668-672  SL : 579  HOLDING PERIOD : 10-15 Days

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://jainam.in/

SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer