Century Textile Target 525-530 achieved!

Century Textile has given a strong move on the Technical pattern breakout of ‘Double Bottom’ which was recommended to you guys for trading on 4th march as “Century Textile Positional Trade” .Stock has triggered 529.50 level today which is within the target range given in the previous post against than market price of 465. Stock has given sweet return of almost 13% in 20 days which is outperforming Nifty index.  Currently stock is resisting near to 100 day average which is around 530 so i would like short term traders to book profit on my trading recommendations. For long term investors now we could see consolidation between 485-530 and its the best time for accumulation. Though you must checkout fundamentals for sure! Anyways, we will trade again once we get some technical pattern again! Enjoy profits this long weekend!

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