CENTENKA BULLISHCENTENKA is looking strong upside.
Entry for swing trade
You can go for it after doing your own analysis.
entry price target and stop loss has been updated in the chart.
ONLY FOR EDUCATIONAL PURPOSE..!
CENTENKA trade ideas
CENTURY ENKA READY FOR A BLASTThe stock has been forming an inverse head and shoulder pattern on the weekly timeframe 632-658 acted as an crucial resistance for the stock and it faced drawback from there twice but currently the situation looks quite optimistic
There has also been rise in the volumes which adds cherry on the top supported by decent fundamentals are making it a piece of cake
It can rally till 969 long term 6-8 months for short term i think waiting for retest must be viable anytime stock moves in 670 range would be a good buy time however given a stong momentum the stock can make different choices . For identfying which path the stock takes monitoring it on the 15M , 30M and hourly timeframe would be good option
Buy Centenka for a target of 700Buy Centenka for a target of 700 in 20 trading sessions. Stock and given break out, can be added to portfolio.
CENTURY ENKA - Swing entry , good volume If market bullish then only entry should be taken
otherwise in negative market
It will show selling pressure
Trendline breakout with proper higher high structure formationThe trade is already activated and it give me more than 17% return in just 7 trading session, I am sharing just for educational purpose.
As you all can see the blue line it is 2024 year open price value, it also act as (resistance / support) in most of the cases.
The price is taking support at yearly open level and from 200 EMA as well
Also a tight consolidation for few days, forming higher high and break the trendline
Breaking trendline and forming higher high is the process of price action. But taking support from 200 EMA and from yearly open price give me confidence that this trade have high probability.
Swing trading is the only (best and safest) way to make side income.
centenka long trade stock : centenka (century enka)
trade : long (cash segment)
buy @ 515 above
sl @ 513
t1 @ 540
t2 @ 590
t3 @ 630
t4 @ 670
note :
this information is for education only
CENTENKA - It's worth studying this setupNSE:CENTENKA
breakout given on monthly chart
cmp is 461.15
this kind of setup is worth studying to make awesome gains
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
Centenka Range BOBuy Century Enka
Closing Price - 459.2
SL - 380 (Weekly Closing Basis)
Target - 675/800
CENTURY ENKA-CUP & HANDLE BREAKOUT DAILY TIME FRAME .Swing Trade-Century Enka Cup & Handle Pattern Breakout Daily Time Frame. Expect a 5-7 % Return on This stock. Only Education Purpose.
CENTURY ENKA | MID-LONG TERM TECHNICAL ANALYSIS
CENTRUY ENKA is a fundamentally strong stock and you can plan for a buy if it closes above the Trend line on a daily time frame.
Currently it's in the stage of forming the 3rd Motive Elliott wave , which suggests the bullishness in the market.
Disclaimer: The analysis is just for education purposes. Please do your due diligence
Century enkaCentury enka🎩
👉Cup & Handle on daily chart
👉Breakout zone 626-637
👉Good support near 563-565
Century EnkaCentury enka🎩
👉Cup & Handle on daily chart
👉Breakout zone 626-637
👉Good support near 563-565
#CENTENKA - Potential BO#CENTENKA - Potential BO
CMP - 616.95
BO Only Above 650
Next Levels can be expected 740 & 860
View will be negated below 540
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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Centura enkaDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
Trendline Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in CENTENKA
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: CENTENKA for more than 5%
Historical Devil Trendline Breakout!!CHART -> Century Enka MONTHLY SETUP
As seen per the chart, we can see a trendline which acted as resistance since 2006. Four times the stock got rejection from that trendline and couldn't close above that on monthly basis.
After 15 years, in January 2022 finally it was able to break out the devil trendline and gave close above that on monthly basis.
This should be enough for stock to travel in new territories, but financials has to be look into too. Coincidentally tomorrow (03 Feb 2022) is Q3 results. Keep in radar!
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CENTENKA - MONTHLY BREAKOUT WITH BULLISH MOMENTUMConfluence :
1.Around 190 days consolidation breakout
2.Weekly Breakout with Bullish Momentum
3.Monthly Breakout with Bullish Momentum
4.Trendline Breakout
5.Higher High Formation
6.All Time High
Breakout Stock. Retest entry possibleStock has given a strong breakout today. And the volume activity is favourable also. Can be added more on retest of breakout level.
