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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

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* 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

 

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

 

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