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Time to take short position in century textile

Hello friends welcome  to the #Traderlifestyle 

I hope you really enjoyed to read my blog and if you think that I can help you so, please contact me through INSTAGRAM, LINKEDIN

 SO TODAY I AGAIN COME  WITH A NEW PROFITABLE TRADE FOR  YOU  
I forecasted one more trade for my premium members and this will be the most profitable trade for you  also 
  
importent technical points this is the weekly chart 
  1. double top  pattern
  2. short term ascending channel 
  3. long time support and resistance level


this is a daily chart of the century textile  and import technical points 
  1. long time support and resistance
  2. short time support which becomes resistance ( after breakout)
  3. and  short time ascending channel


this is the hourly chart in which it   has given the indication that it will so short 

indication 

  1. price breaks the channel 
  2. price breaks the  short time support level 

 there is the same condition that you  will have yo follow before taking a short position

  1. price should not gap up open in the next trading day 
  2.  share price  should be sustained below the level of  510

trigger price _ below 510 

target price _ 470-467

stop-loss price_525

so give the attention to this stock for the Tuesday   and must follow all the condition before taking a short position and  there is a little disclaimer this  is my own study on century textile, must do your study also before taking a short position 
so thank you  for reading this blog please do comment if you really enjoyed to read my blog and 
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#sharemarket,#traderlifestyle,#centurytextile,#nifty&sensex,#blogger
🥰stay tuned 🥰
💓Happy trading💓

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