NSE:CENTURYTEX ITS GIVEN A BREAKOUT FROM TRENDLINE, BUT WOULD BE ADVISABLE TO ENTER ABOVE 334 LEVELS IF SUSTAINS FOR 345 AND 357 ****************************************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I have started putting...
Century tex given breakout SM Triangle can plan for long,,,
Century Textiles and Industries has broken the upper band of Bollinger Bands. For quite some time it was consolidating in the range of 300-310 and it managed to break out of the zone with volumes. It has a small resistance in the form of 100 day moving average. The RSI has touched the 60 mark and if it manages to sustain above 60 then it will move into a bullish...
Century Textile is at the top of an ascending triangle pattern. Wait for break above the triangle and a throwback before entering.
Talk of the town #centurytex for me the breakout is still to happen above 333 60mcb target 340 350 357.Breakout retest zone 320-323
Talk of the town #centurytex for me the breakout is still to happen above 333 60mcb target 340 350 357.Breakout retest zone 320
Century textile if breaks above 327.50 then it will breakout of a range. Good movement can be seen, Levels as per chart. Technical indicators are also bullish and delivery is around 28%
Century Textiles already given triangle breakout and waiting for the next to buy
The 1 D chart of Century Textile and Industries has shown beautiful triangle formation, which has now reached till apex. The price has crossed the EMA 50 level as well as Historic Resistance at around 308 with comparatively higher volumes. The closing of the current candle at the prevalent levels will confirm the entry. Almost all the technical indicators are also...
CENTURYTEX is trapped in a triangle pattern. Will break and give rally soon.
triangle breakout due... verify before trade its for educational purpose only
In consolidation, either side break is possible. BUY If sustain above 300 for 15 mins then can go to 320 SELL If breakdown below 296 and sustain for 15 mins then can mve down to 285.
TARGET - 320 , STOPLOSS 298 TREND LINE SUPPORT AND 1 DAY CHART VERY STRONG WITH GREEN BULLISH CANDLE.
It broke our trendline at 308 and has reached to 322, the data in OI shows quite a higher range, but to reach that it has to clear 333 decisively, once it happens, its gonna fly high till 355-360 Keep an eye on this one, view gets invalidated below 313.
Good Momentum with the possibility of upside breakout. Double bottom formation on thw downside helps to push the stock upward.