Takuri Candlestick at the lower line of Falling Wedge suggest a reversal and today's Green bar is confirming it. The Trade is available at small risk so one can trade like this
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Century Textiles & Industries Ltd. (CNTY) : Looks good to LONG @ 941.75
STOPLOSS : 925.45
TARGETS : 948.45 - 963.90 - 995.20
DISCLAIMER : I am not SEBI Registered.
This #view is for study purpose.
Consult your Advisor, before Trading & Investing.
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CENTURYTEX has completed minimum target of double bottom. Now it may again go and retest the neckline. One can short it between 915-920 with SL above 930. Yesterday's candle is not engulfing candle as there is 5 paise difference between yesterday's close and today's open.