CEAT LTD.Long
Buy CEAT : good stock to watch out
CEAT is making LL and LH so it is in Downtrend and will continue to make new Lows till 600 where it can find support from previous year low of 596. This stock can return 25% to 30% in duration of 8 to 12 months from entry price of 650. Above projections are on conservative base.
Entry Price:
20% @ 707.50
30% @ 653.75
30% @ 606.40
20% @ 580.00
This trade is on Delivery position so will not place any stop-loss but will enter with different prices to lower RR ratio of the trade. Stop loss on the chart is for illustration purpose only.
Please comment below for your view on this trade.
Entry Price:
20% @ 707.50
30% @ 653.75
30% @ 606.40
20% @ 580.00
This trade is on Delivery position so will not place any stop-loss but will enter with different prices to lower RR ratio of the trade. Stop loss on the chart is for illustration purpose only.
Please comment below for your view on this trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.