Get started

Centurytextile

CENTURYTEX - Weekly Chart AnalysisComing out of consolidation of almost 2 years. Volumes went dry during this consolidation. Textile sector on the other hand showing strength. 935-1024 shall now act as good support. If it manages to close and sustain below these zone then our view stands invalid. After breaking the ATH level of 1024 it went into 7 week consolidation and past 3 weeks it has managed to close and sustain above 1108 level which it was having difficulty closing earlier. Volumes are decent. Stock is also trading above its key moving averages. As per the trend based fib 1390 - 1600 - 1890 levels can be tested in the long term. Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
CLong
by marketmoneymohmaya
CENTURYTEX - Possible BOCENTURYTEX - 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.
CLong
by rvc8280
FY21-22 Swing Trade Idea #77: Long on CENTURYTEXThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
CLong
by onerighttrade
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
C
by R_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.
CLong
by sureshsehrawat
CENTURYTEX SHORTI hope you can now see how CENTURYTEX represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
CShort
by EntryandExit