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    HomeNewsBusinessStocksBuy Century Textiles; target of Rs 424: IIFL

    Buy Century Textiles; target of Rs 424: IIFL

    IIFL is bullish on Century Textiles and has recommended buy rating on the stock with a target of Rs 424 in its December 26, 2012 research report.

    December 27, 2012 / 12:31 IST
       
       
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      IIFL is bullish on Century Textiles and has recommended buy rating on the stock with a target of Rs 424 in its December 26, 2012 research report.
       
      “Century Textile continue to remain in strong uptrend and recent decline has landed stock price near the support of its 50-DMA with RSI trading in the neutral zone. From August 2012, 50-DMA has provided good support on every decline, bringing an end to recent corrective phase. (Duration 5 days),” says IIFL research report.


      Public holding more than 90% in Indian cos


      Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

      To read the full report click on the attachment

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      first published: Dec 27, 2012 12:15 pm

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