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TheAspiringTrader

CENTURYTEX : Very Good Risk Reward Swing Trade Opportunity

Long
CENTURY TEXT & IND (NSE:CENTURYTEX)  
TheAspiringTrader  
NSE:CENTURYTEX   CENTURY TEXT & IND
Support and Resistance Supply and Demand Double Top or Bottom retest-structure Double Bottom swingtrading resteststocks riskreward priceaction doublebottomreversal
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supportandresistance supplyanddemand doubletoporbottom retest-structure doublebottom swingtrading resteststocks riskreward priceaction doublebottomreversal
CENTURYTEX has broken out range with good volume and has now retested the breakout level. The downside candles are narrow with less volumes indicating that bears are weak and bulls will take over. The Risk Reward is excellent at CMP.

DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!

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