RUDRA007

CENTURY TEXTILE AT RESISTANCE LEVELS

Short
RUDRA007 Updated   
NSE:CENTURYTEX   CENTURY TEXT & IND
Counter is around life time high,, and can face some selling pressure around this levels if not able to sustain,, RSI have given negative divergence in recent 2 peaks, and historically if observed price pattern and RSI negative divergence matches the pattern of last time, marked on chart,, if this has to be followed we may see sell off in counter,, wait for reversal and confirmation of reversal,,
Trade closed: target reached:
COUNTER MADE 550 FROM 650 LEVELS AS EXPECTED,, IF ANY ONE TRADED SHOULD BOOK PROFIT,, 100 POINTS ALMOST 17-18% RETURN

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