Buy Century Textiles & Industries, target Rs 1,040: Vaishali Parekh
Buy Century Textiles & Industries at a price target of Rs 1,040 and a stop loss at Rs 900.
By ETMarkets.com |
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Vaishali Parekh of Prabhudas Lilladher has a buy call on Century Textiles & Industries with a target price of Rs 1,040.
The current market price of Century Textiles & Industries is Rs 915.55.
Time period given by the analyst is two weeks and share recommended keeping a stop loss at Rs 900.
"The stock has witnessed a good rally and is on the verge of a breakout above the Rs 945 levels to signify strength and has the potential to rise further in the coming days. The RSI has been on the rise and has maintained a positive bias," Parekh said.
Century Textiles & Industries, incorporated in the year 1897, is a midcap company, having a market cap of Rs 10,501.07 crore.
The current market price of Century Textiles & Industries is Rs 915.55.
Time period given by the analyst is two weeks and share recommended keeping a stop loss at Rs 900.
"The stock has witnessed a good rally and is on the verge of a breakout above the Rs 945 levels to signify strength and has the potential to rise further in the coming days. The RSI has been on the rise and has maintained a positive bias," Parekh said.
Century Textiles & Industries, incorporated in the year 1897, is a midcap company, having a market cap of Rs 10,501.07 crore.
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