Investors with a short-term horizon can buy the stock of Century Plyboards India at current levels. On Thursday, the stock jumped 7 per cent accompanied by extraordinary volume breaking above a key immediate resistance at ₹172.
Short-term outlook is bullish for the stock. It can extend the uptrend and reach the price targets of ₹185 and ₹188.5 in the coming trading sessions. Buy the stock with a stop-loss at ₹173.5.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.