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Century Textiles

Discussion in 'Technical Analysis' started by sujan4bw, Sep 10, 2012.

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  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Sure we should do that, It will be good for all of us.
     
    sanjay_sansanwal, Oct 5, 2012
    Share #21
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    No, Not at all cause that is break out strategy.

    There are so many strategies by which traders take positions like -:
    Break out Strategy, Momentum strategy, Swing strategy, Etc. but I am unable to find which strategy u r following by watching Open Interest and volume.

    Lets discuss on weekend then only we can find out is this good or not.
     
    sanjay_sansanwal, Oct 5, 2012
    Share #22
  3. sujan4bw

    sujan4bw Member

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    Today high is 395.70, it just crossed above its major resistance 394.75.

    Above 400 looks really good. I had highlighted opportunity zone in chart.

    Above 400 will be ascending triangle breakout.

    Shabbir need your views here.
     

    Attached Files:

    sujan4bw, Oct 12, 2012
    Share #23
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Yeah very big move today and finally crossed the major resistance area which I thought is going to be big hurdle for that.
     
    sanjay_sansanwal, Oct 12, 2012
    Share #24
  5. shabbir

    shabbir Administrator Staff Member

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    Looks awesome.
     
    shabbir, Oct 12, 2012
    Share #25
  6. sujan4bw

    sujan4bw Member

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    Lets hope it should be another Vguard :)
     
    sujan4bw, Oct 12, 2012
    Share #26
  7. shabbir

    shabbir Administrator Staff Member

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    Never hope that or else you may be disappointed with good performance. Hope for the target only.
     
    shabbir, Oct 12, 2012
    Share #27
  8. aveerareddy9

    aveerareddy9 New Member

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    hi sujan,

    Any upmove expecting today in century ?

    Thanks
    Veer
     
    aveerareddy9, Oct 16, 2012
    Share #28
  9. sujan4bw

    sujan4bw Member

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    Enter above 400.
     
    sujan4bw, Oct 16, 2012
    Share #29
  10. sujan4bw

    sujan4bw Member

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    Super super.......Century rocking.
     
    sujan4bw, Oct 18, 2012
    Share #30
  11. aveerareddy9

    aveerareddy9 New Member

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    Sujan ... shall i enter century today or next week .. its above 400 right ........

    I am planning to take Nov series call
     
    aveerareddy9, Oct 18, 2012
    Share #31
  12. sujan4bw

    sujan4bw Member

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    you can take position tomorrow after small correction.

    go for Nov series.
     
    sujan4bw, Oct 18, 2012
    Share #32
  13. sujan4bw

    sujan4bw Member

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    Bought 1 lot (1000 shares) 400 CE at INR 7.00 and squarred off same for 11.00.

    As said earlier....this particular stock will provide trading opportunities again and again.
     
    sujan4bw, Oct 18, 2012
    Share #33
  14. chequesuraj

    chequesuraj Member

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    Hi All,

    Today Century Textiles with good volume has some activities like followings:

    Open-376.95
    High-388.45
    Low-367.50
    Close-386.60

    Pr. Close
    377.10

    I took position in this at 400 CE at 7.20 for 1 lot as paper trade...

    I think it will cross 400+...pls share your views..

    Thanks,
    Suraj
     
    chequesuraj, Oct 31, 2012
    Share #34
  15. shabbir

    shabbir Administrator Staff Member

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    As of now it is no trade zone for me.
     
    shabbir, Oct 31, 2012
    Share #35
  16. sujan4bw

    sujan4bw Member

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    Century is having strong support in the range of 370 - 380. Above 394 we can see big swing on upside.
     
    sujan4bw, Nov 1, 2012
    Share #36
  17. sujan4bw

    sujan4bw Member

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    Century looks good at CMP with stop loss of 370.

    It is trading at 395 now.....target is 405,....410.
     
    sujan4bw, Nov 2, 2012
    Share #37
  18. chequesuraj

    chequesuraj Member

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    Sujan,

    today volume seems to be low so far...
     
    chequesuraj, Nov 2, 2012
    Share #38
  19. sujan4bw

    sujan4bw Member

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    Gradually it will increase
     
    sujan4bw, Nov 2, 2012
    Share #39
  20. yankeedin

    yankeedin Responder

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    How did you arrive at figure 395. What's the logic?
     
    yankeedin, Nov 2, 2012
    Share #40
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