"Stocks Go Down Faster Than They Go Up, but Go Up More Than They Go Down". In this case it might as well go up fast.
Lets see !
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I believe in keeping the chart simple with minimal drawings & easy to interpret.
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Safe Target indicated.
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
CENTURY TEX 🚩
CMP 330♻️
BUY & ACCUMUTE FROM HERE
TILL 318🔃
KEEPING SL AS 293♨️ ON CLOSING BASIS
SHORT-TERM TARGETS🔘 342/353/366/
AGGRESSIVE-TARGETS🔘
378/385/397/400++
STATUS ACTIVE 🚩
Enter @ 330 to 340
Target = 386 ( Fibo - 23.8% )
SL = 315, 307, 303 ( if lower channel is breaked )
When upper channel breakout is given it may go upto 438 (fibo 50%) if nifty is positively trending.
Check for Heavy volumes and MACD crossover for confirmation.
NSE:CENTURYTEX
Build your long and short positions accordingly.
CENTURYTEX
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Buy Above: 366
Target: 368,370,372,375,378
SL: 362
Trade with Proper Risk Management.
Victory is beyond fear!!
Disclaimer: I am not a SEBI Registered Analyst. Please take position after consulting your advisor.
Centurytex was trading range bound for a couple of months with the channel shown in chart. With festivities around the corner expect some surge in textile sales and chart shows some channel breakout today. One can initial a fresh long on this counter. Centurytex published a bad quarter last time, expect some changes in this quarter on the next one. First target -...
