TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
stock is in up trend
saw a sudden pull back
after a bounce stock is in a range
if the range breaks out, can expect the stock to move higher
towards 1140/1155/1175/1198
with sl placed around 1095
century gave a long term breakout ...- follow the black line ....
its now on the verge of a new territory ,...can be a multibagger sorts ....can just fly once red line is crossed ...keep an eye ....
but til then have patience ...wait for the red band for buying if u geta chance for that ...
disclaimer : only for self tutorial ...
It is been observed on the hourly chart, that the price action is facing a selling pressure at 817-807 resistance levels, and now it shall further dip down to 50% Fibs retracement levels.
Target 1: 755
Target 2: 744
Stoploss: 801
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CENTURYTEX
