Century textile trading just near to all time high and also forming a rounding bottom pattern. 640-660 is a resistance zone, if it breaks then level of 790 is possible Disclaimer - this is just for educational purpose and not a trading or investment advise
This stock can pick a good momentum in short term.
CENTURE TEXTILE WEEKLY CHART FORMING CUP AND HANDLE BULLISH RSI @ 72 BULLISH CROSSOVER MACD BULLISH CROSSOVER STOCHSTIC BUY @ 562 OR (wait for retracement neck line) SL @ 431 TARGET @ 628 SHORT AND 824 LONG
Dear trader, If u look at the chart of CENTURYTEX (analysis based intraday only) the CENTURYTEX Buy at 483 and Target at 491 Best Buy at 480 Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you...
BULLISH CLOSE BEYOND SHORT TERM DOWNTRENDLINE WOULD BE OUR ENTRY TRIGGER
Short below 526 buy above 551. Learning and educational purposes only
As per trend lines - if can sustains and market trend is positive for next couple of days - we can good upmove in Century text. CENTURY TEXT - If current level sustains and - next target 463 - and then 512 Add to watch list and trade as per market trend.
Buy above 474 Sell below 468 We can see Upside high 526 within some days If uptrend continuous. Learning and educational purposes only.
Bearish Shark@1.13XA as PRZ + TRIPPLE TOP Black Horizontal & Trend lines are WEEKLY RESISTANCE and SUPPORT Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL SELL
stocks related to textile are looking good and slowly moving up. century weekly charts are very good . buy century tex above 414.75 tgt 500 and more sl is swing low 350 . reason of stop loss very less is stock is high beta stock so we need to keep some space for stock to breath and move up.