CEAT LTD as on 06.09.2021
DESCENDING TRIANGLE PATTERN FORMED!!
200 AND 50 EMA GIVING GOOD SUPPORT!!
Monthly basis demand and supply acting as good support and resistance!!!
Target=1972/1770
STOP LOSS=1257/1250
IF breaks down then go for short trade for intraday with helps of pivot points!!
(The above analysis is only for study purpose do not take it as any buy or sell call)
200 AND 50 EMA GIVING GOOD SUPPORT!!
Monthly basis demand and supply acting as good support and resistance!!!
Target=1972/1770
STOP LOSS=1257/1250
IF breaks down then go for short trade for intraday with helps of pivot points!!
(The above analysis is only for study purpose do not take it as any buy or sell call)
Related publications
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.