century textileEDUCATIONAL PURPOSE ONLY buy above 376 big breakout above 376 almost 495 target in upper resistant at 495 MACD also psoitiveLongby sandeshbarure555Updated 1
#CENTURYTEX FOR 20% MOVE !!ABOVE 390 BO WE CAN SEE STOCK TO TEST 450 ZONE Longby Stage2traderUpdated 1
CENTURY TEXTILES - SELLING CLIMAXCENTURY TEXTILES - SHOWING SIGNS OF SELLING CLIMAX Educationby Vishy5Updated 1
century text seems there will be breakoutcentury text seems there will be breakoutLongby AsifHussain9990
Psychological level for CENTURYTEX for tomorrow.301.45 level acts as important psychological level for CENTURYTEX ,which is identified by our software.by srirambanala0
Up coming Trade Hi Friends i am posting an view on Century textile , this is an upcoming Trade set up Now when i post such posts i get Lots of DM should we sell it ? Should we buy Put Options ? Should i sell Call Options? Should i buy when price reaches in spot for Next move up ? The answer is you will not do any thing until it meets the Forecast Price and bounce form it , Once when you see on daily it has bounced successfully then you can plan your trades , the reason is simple we have to take trade when we get the confirmation of trend reversal and as far as selling Futures , its not good idea because its coming down slow manner , You will not be able to make Good profits for the amount of risk you take in Futures trading so finale words are wait for price to bounce and let it confirm the forecast made and market mood is inline and results are in line then you can take reasonable degree of risk for trading this instruments Good luck by ShreeKrishnaUpdated 117
CENTURY TEX - RANGE CONTRACTIONCENTURY TEX - KEEP AN EYE ENTRY ONLY ON BREAKOUT AND PULL BACKEducationby Vishy53
Strong close above 330 is good for longPrice in a falling wedge pattern and trying to break the pattern, as the price trading at important levels of support/ resistance it is struggling to break, once after breaking this level if you are aggressive trader go long else wait for the retest and go long.Longby Tradersasi232
Century Textile: AnalysisKeep an eye on century textile it has been trading into this zone since April now. Expecting it to leave this zone soon in near future. . Reason to buy: 1) Taking support on major support line 2) Taking support from the below trend line. 3) Negative market sentiment did not push this further down below. . According to market sentiment it can touch lower most bottom line once again, keep your stop loss tight. RR Ratio must be calculated and traded accordingly, stop loss must be below immediate previous swing.Longby Umang_SharmaUpdated 0
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.Longby rizemeps2
CENTURY TEXT & IND - Ascending Triangle BreakoutDisclaimer : 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. Longby sureshsehrawat4
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 . Longby MohitArora2
Typical Flag pattern formation One of the R N Elliott discovery is that patterns behavior , He has identified two groups of pattern 01) Patterns that are visually identifiable ( in the easiest Manner) , they define very relative measured move with in them his explanation is very clear , he define it as relative measured move , that means the relativity with in the pattern in terms of breath , length time taken to form these patterns , they need not have to have Fibonacci relationship in pin pointed manner but they will resemble relativity to each other Most self claimed Elliott wave Practitioners have never even read the book properly , but they try to claim they know , they do not know what is relative moves at all 02) Patterns that are having variations with in the structures , those variations he defined as irregular patterns , His explanation about irregular patterns are very logical , he defined them as they are not only irregular in terms of price move but also they are irregular in terms of breath , Length , and time consumed to form these patterns Most importantly he identified them in such a manner that their formation is not irregular , their formation is very much can be identified in relation to wave theory , he explained when and how they form during trending market and during non trending market This scrip is also making one of the typical pattern which is forming at the base of trend line , its forming on the trend line which is very typical along with this ,its important to note that this can form only in this specified wave formation only , One can look to trade after an brief consolidation tats all friends Good luck Shortby ShreeKrishna6
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 Sharmaby R_Sharma0