The wolfe wave that has been in formation, seems to have completed the confirmatory false breakout. It seems to be a right time for entry into the long position. markings have been depicted in the chart.
I have shown the pattern on the chat. There seems a good buy opportunity with the retest as well.
The chart patterns has shown the clear breakout from the triangle with the confirmation of sustenance outside the triangle for a continuous 3 days.
The 1 D chart of Century Textile and Industries has shown beautiful triangle formation, which has now reached till apex. The price has crossed the EMA 50 level as well as Historic Resistance at around 308 with comparatively higher volumes. The closing of the current candle at the prevalent levels will confirm the entry. Almost all the technical indicators are also...