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NeeteshJain
17 jan 2018 03:16

Century Textile - Correction Begins Kort

CENTURY TEXT & INDNSE

Beskrivning

It has been observed that the price action rallied a long wave up. It made a new high but could not sustain and now indicating further correction from here on. MACD indicating a negative crossover too.

T1: 1350
SL: 1450

Handel aktiv

Handel aktiv

Continues to get selling pressure at higher levels.

Handel aktiv

Initial Target 1380

Trade stängt: målet nått

Initial Target reached. Regards

Handel aktiv

Kommentarer
syamchandran
good call
HemantBetala
Is the short going to continue tomorow or Uprally ?
NeeteshJain
@HemantBetala, It has reached to the support zone and now if it breaks below 1370-60 zone then it shall further continue otherwise it wiil provide a pull back from here on. Thanks
HemantBetala
@NeeteshJain, Thanks a lot.
appleos
need to maintain strict stop in case of reversal
NeeteshJain
@appleos, Yes, and now this new rally is short lived as in nifty 11K shall act as strong resistance. Thanks
Mer