August 25, 2014
Century Text. (NSE Cash)
BUY
`590
`608 - `603
`640
590
598
618
640
Bullish
HOURLY CHART
Source: Falcon (Chart time - IST 11.08)
The hourly chart depicts a breakout from the ‘Cup and Handle’ pattern at `607.
A significant increase in volumes around this resistance zone is supporting the price action.
The stock is managing to maintain its position above the hourly ’89 EMA’, which is a sign of strength.
Considering the positive placement of the hourly momentum oscillators, we advise traders to buy this stock from
current level to a decline up to `603 in coming 4 - 5 trading sessions. The stop loss for this trade set up can be
kept at `590.
August 25, 2014
Century Text. (NSE Cash)
Last 5 recommendations
Date
Stocks
Recom. Buying/Selling CMP Target 1 Target 2 Stop-loss Status