CEAT On the verge of breaking out?
Updated
Ceat on the daily charts is testing a long term channel breakout at 1294. If the breakout is sustained then the next target is 1400. Again, sector has positive tailwinds with reduced Chinese imports and stable rubber prices. Ceat trades at 13 times earnings - which is the sector average
Note
Closing it - I think we've made enough money here :)
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