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CENTURY TEXTILES trading tips, Weakness expecting below 517.


CENTURY TEXTILES




  • CENTURY TEXTILES facing strong trend line support at current levels , chart indicates once stock closes and stays below 517 then further weakness is expecting.
  • Stock also trading below 100 DMA, as long as stock holds below bears will be favored.
  • If stock closes below 517 and holds below then will find next strong support around 435 its 161.8% fibonacci retracement. Close Watch.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.