s.aradhye
Short

SELL CENTURYTEX 890 SL 900

NSE:CENTURYTEX   CENTURY TEXT & IND
7 0 0
CENTURY TEXTILE IS IN UPTREND SINCE LAST 15 DAYS ALMOST. ITS INCHING UPWARDS NON STOP WITHOUT ANY SIGNIFICANT CORRECTION.

PRICE IS FOLLOWING CHANNEL SINCE LONG TIME . RALLY SHOULD FIZZLE OUT SHORTLY. ONE CAN GO SHORT IN OPTIONS AS TIME DECAY WILL YIELD GOOD PROFITS. HOWEVER THOSE WHO WANT TO GO SHORT IN FUTURES OR SPOT 890 IS GOOD LEVEL TO GO SHORT WITH SL OF 900

Trade active: CENTURYTEX IS IN DESCENT PROFITS......DAILY CLOSING AT 874..... IT MIGHT GIVE BOUNCE BACK TOMORROW USE THESE BOUNCE BACK TO SHORT SELL AND NOW TRAIL YOUR STOPLOSS TO YOUR SELLING PRICE OF 890......

HAPPY TRADING......
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