Century Textiles can touch Rs 520:Ventura

MUMBAI: Bharat Gala, senior technical analyst, Ventura Securities is of the view that Century Textiles is ready for an upmove till Rs 520.

“An intermediate top at Rs 459 followed by a higher bottom at Rs 430 was crossed in Century Textiles on closing basis.

The stock is ready for a corrective upmove till Rs 470-485-509-520. The nearest stoploss would be at Rs 443 and a far lower stop loss stands at Rs 435/428. The 200 DMA is at Rs 490,” he said.