Century Textiles & Industries turns black in Q3
Century Textiles & Industries has reported results for third quarter ended December 31, 2016.
The company has reported a net profit of Rs 13.89 crore for the quarter as compared to net loss of Rs 8.5 crore for the same quarter in the previous year. However, total income of the company decreased by 8.36% at Rs 1978.00 crore for quarter under review as compared to Rs 2158.37 crore for the quarter ended December 31, 2015.
Technical Levels for Centurytex
Support 840 and Resistance at 870--875
Break and sustain above 875 will take it to 885--900 and then to 935+ mark in days to come else could touch its support level of 840
Looks weak below if close below 840.00
More will update soon!!