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CENTURY TEXTILES LTD (CENTURYTEX Stock future) CMP 335-336 (NSE Future)
Arguments for lower prices:
- Last two year’s low price 216 and last one year’s low 254.
- This stock failed to take resistance 407-409.
- CENTURYTEX is trading below of 444 Seller point.
- Recession in Europe, slower demand from China and India.
Arguments for higher prices:
- This stock fired to 440 today from support of 381.
- Now, here is a great opportunity for Short term traders as 444
- Short Term traders can book profit at 339-346 as mentioned in chart.
- Do you want to take short selling fresh position on 442 around…?
- Next, you will see targets of CENTURYTEX future as 409-414 and
- Suppose to break below 400… then again start free fall continue to 362-339
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