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Investors with a short-term horizon can buy the stock of Century Plyboards India at current levels. On Thursday, the stock jumped 7 per cent accompanied by extraordinary volume breaking above a key immediate resistance at ₹172.
Short-term outlook is bullish for the stock. It can extend the uptrend and reach the price targets of ₹185 and ₹188.5 in the coming trading sessions. Buy the stock with a stop-loss at ₹173.5.
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