Expecting a Bullish Move in CENTURYTEX

As per the 2 Hour Chart of CENTURYTEX , we have witnessed the Formations of “Bullish Harami” as well as “Inverted Hammer” on the downside.

Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 866.80, 877.15, and 892.35. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 842.60, on closing basis.
Closing Price (as on 25.01.22) : 855.60


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