CENTURYTEX LONG....Above 415
Support at 390
Weak below 390
target 433-442-455
good volumes form past few days
CENTURYTEX
CENTURY TEXT & INDCENTURYTEX (CMP 406):-BREAKOUT LEV 114.2 INVERSE H&S FOR TARGET 470 SL 390 DCB
#Disclaimer:-I just shared view for only educational purpose.
▰ Time to Learn Advance Pattern #2: CENTURYTEX ▰► Time to learn Advance Pattern #2 ◄
♒ E͙V͙E͙R͙Y͙T͙H͙I͙N͙G͙ ͙ O͙N͙ ͙ C͙H͙A͙R͙T͙ ♒
📌 I have found 15 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ I will post the remaining patterns one by one on Sunday. For your reference, you can check out my previous studies as well. Please find the stocks and comment their name in the comment ⌨ section.
☆ Follow me @ Tradingview for more updates and like the chart ❤!!!
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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CENTURYTEX LONG....Above 402
BO after 9 month consolidation
sideways zone 387-280
weak below 280
above all important moving average
Intraday / Swing SetupIntraday / Swing Setup: This is on a very critical and long term weekly support line. There is huge possibility of it reversing it from 315. One can enter @ or between 315-318 for the target of 330/340/380 with SL of 310 (Intraday player can even put this every near to support line SL 313.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Century Updated Chart !!TREND ANALYSIS & TRADE SETUP !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 10-12 times .
CENTURYTEX is Making Symmetrical Triangle Pattern (Breakout)Century Textile and Industries Limited : Textile industry Company ( CENTURYTEX ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
CENTURYTEXCENTURYTEX is touch four time important trend line so if break 325 then you can add in your watch list.
CENTURYTEX is Making Descending Triangle Pattern (Breakout TradeCentury Textile and Industries Ltd : Textile Industry Company ( NSE:CENTURYTEX ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
CENTURY TEXT & IND -🚀🚀🚀Tested resistance 376 in the last few sessions, Moving averages indicates that it will break the resistance on 17 Sep and will go for 485 or may be higher by the end of the week.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
CENTURY TEXTILE BUY ABOVE 325CENTURY TEXTILE
BUY ABOVE 325
328, 331, 335,338, 342, 347, 352, 355
Posting for Educational purpose only
Closing Basis means stock need to trade above 325 between 3:25 ~ 3.30 PM
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
CENTURY TEX - REACHED PATTERN TARGETWait for the rejection from the pattern top.
Once retest is over, short.
IF PATTERN BREAK THEN DO NOT SHORT.
CENTURYTEX is Making Symmetrical Triangle Pattern (Breakout)Century Textile and Industries Ltd ( NSE:CENTURYTEX ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for intraday traders.
Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or low/high swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your stoploss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your stoploss above the last swing low/high.
Target and stoploss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, stoploss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
CENTURYTEX - BULLISH ASCENDING TRIANGLE BREAKOUT POSSIBLE 7 SEPAscending Triangle pattern about to beak bullish upwards on 7 Sep,2020. Moving average of 50 days crossed Moving average of 144 days in the end of the trading day on 4 Sep,2020. This was one of the top movers on a bearish market on 4th sep, 2020. Targets on the chart.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.