#LETSTALKABOUTMARKETS - CENTURY TEXTILE
Century Textiles and Industries has broken the upper band of Bollinger Bands. For quite some time it was consolidating in the range of 300-310 and it managed to break out of the zone with volumes. It has a small resistance in the form of 100 day moving average.
The RSI has touched the 60 mark and if it manages to sustain above 60 then it will move into a bullish zone on daily time frame.
Short term target is 350 whilst medium target for the next 6-8 months can be 460.
Like if you agree with the analysis or comment if i am missing out on something here.
The RSI has touched the 60 mark and if it manages to sustain above 60 then it will move into a bullish zone on daily time frame.
Short term target is 350 whilst medium target for the next 6-8 months can be 460.
Like if you agree with the analysis or comment if i am missing out on something here.
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