IIFL is bullish on Century Textiles and has recommended buy rating on the stock with a target price of Rs 345 in its November 4, 2011 research report.
Century Textiles had been consolidating in a range between the levels of Rs 279-326 from second week of September 2011. On Wednesday, the stock broke past the upper trendline of the upward sloping channel The stock has been moving in a upward sloping channel structure since September 2011. The daily RSI is already in strong buy mode. In yesterday
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