My best entry level to buy NSE:CENTURYTEX is 740 with stop loss of 699 (-41 Points). Can hold for big targets of 780, 805, 833 & 865.
This could be low risk and very big reward option.
Note: This is my personal analysis, only for learning. Thanks.
Trading idea for the stock
Buy: 892
Target: 955
Stop loss: 863
Profit: 3774
Loss: 986
Risk/Reward: 1:2.17
Quantity: 34
The stock has formed a double bottom on the daily time frame and gives a very good opportunity to enter the trade at above 892 levels
R1 - 894.83
R2 - 916.42
R3 - 948.33
S1 - 841.33
S2 - 809.42
S3 - 787.83
