Long
Idea No# 001 - Long Position in Century Textile
Near to its breakout price which is 980.
Currently trading in "Upward Sloping Channel" which is a positive sign.
Taking a good support at ascending trend line. Once it breaks the 980 level, chances are high that 1020-1050 will be on cards soon.
Buy- above 980
Stop Loss- 975
Target - 1020-1050
Horizon- 3 to 5 days
Currently trading in "Upward Sloping Channel" which is a positive sign.
Taking a good support at ascending trend line. Once it breaks the 980 level, chances are high that 1020-1050 will be on cards soon.
Buy- above 980
Stop Loss- 975
Target - 1020-1050
Horizon- 3 to 5 days
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.