rvc8280

CENTURYTEX - Possible BO

Long
NSE:CENTURYTEX   CENTURY TEXT & IND
CENTURYTEX - after a month of consolidation trying to break the trendline. Add to watchlist -

2022-07-22 volume is Monthly high, crossed WK High and Monthly-Piv Upside. In Squeeze and today candle stick pattern is Three-Line Strike. in Daily/Weekly/Monthly time frames close is above SMA-20. The monthly trend is already +ve and the Weekly trend is changed to +ve today. Daily/Weekly time frames SMA 13 crossed SMA 55

2022-07-27 (802) Close crossed Monthly-Piv downside. Close is below Weekly 20 SMA.
2022-07-28 Again close is Crossing 4 weeks High and crossed WK & M-Piv Upside. In Squeeze from 3 days. Close crossed Weekly 20 SMA
2022-07-29 Overall Trend Changed to +ve Today. Still in Squeeze
2022-08-01 (843) High on momentum. The trend is +ve. About to break the trend line. --- Watch out.




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