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Wednesday, December 27, 2006

Century Textiles has target of Rs 818


Anil Manghnani of Modern Shares & Stock Brokers is of the view that Century Textiles and Industries has target of Rs 818.

Manghnani told CNBC-TV18, "Century Textiles and Industries is a pretty good one. It has broken out yesterday again. Rs 702 were the previous stop for the stock. It has made a new high, which in this market, any stock making new highs seems to really propel further ahead. I think now it has headed towards Rs 950-960 levels, but one will get enough trading targets. The first trading target would be around Rs 739 and then about Rs 818."