There is a volatility contraction pattern seen in CENTURYPLY LTD, at its life time high. There is also a very decent volume spike seen. Long trade can be initiated here.
building material stock industry laminates plywood stuck in range
Stock has formed a VCP base. Drifting sideways near pivot and 21 EMA. Inside day candles No supply left as volme dries up on red days. Pivot buy at 658.2 Publishing for my own reference. Not an investment advise.
Must Correlateyourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
A very bullish structure to enter for a swing long trade. Entry around 404 target 440
Stock taking support near 20ema weekly chart with stochastic support.
box trading.. if sustained above 442 with good volume and nice body green candle then a good upward move is expected in coming days
Good setup for long Entry, Risk 10 reward 40.
READY TO BREAK ALL THE HIGH AND CUP PATTER IN WEEKLY TIME FRAME ALL LEVELS ARE MENTION ON CHART
Breakout Alert Target 380++ Target Rs. 380++
Short Term Cash Buy CENTURYPLY @229.05-230.55 SL 225.5 TGT 241(Expect an upmove in shortterm) It broke the resistance on daily and hourly chart and next resistance 242. TK cross over at 223 and if stays above 229 we expect sharp move on the upside.
Centuryply ltd Good volume breakout with system entry at 191 Stop loss 177. Trader are afraid of the Selling or Buying during panic times and having a plan with proper stop-loss is very good. IN SUCH VOLATILE MARKET MY SOFTWARE GIVEN PERFECT BUY SIGNAL AT BOTTAM FOR ACCESS OR MORE INFORMATION REACH OUT TO ME
#CENTURYPLY Century Plyboards India Ltd. CMP: 134.55 Target: 175 SL: 127
Just for the Name. Not a Bad idea to hold in your Portfolio. Great returns when the stock actually starts moving....