Century Textiles Reaches First Elliott Wave Target

In my most recent post, I had shared a trade idea that was closed at an 8% gain. In the analysis I mentioned clearly that Century Textiles has scope to reach 539 or even 560, and the 8% level is where I would stop sending updates to the members of my club. I am happy to note that the stock has indeed reached the first Elliott Wave Target. Here are a couple of charts, the first is what was shared earlier and the other is as of today. This is the power of Elliott Waves when you know how to use it properly.

11 December 2019 update, where we planned to buy in 2 lots that will give us an average price of 473.

and today, 15 Jan 2020



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