CEAT: Buy or Sell?CEAT's level to watch is 1300-1310. A cross of 1310 would indicate upmove else the stock may retrace down
CEATLTD trade ideas
After Break down Ceat facing resistance around 1421After Break down Ceat facing resistance around 1421
BUY INITIATED IN CEAT.TOADY IN CEAT ,AGRASSIVE BUYING VOLUME GENERATED FROM 1324 ZONE, LOOK TO BUY NEAR 1326-28 TRGT-1340 SL-1322
CEAT - LongTrading around long term personality, it has moved out of weekly demand zone. One can go long for a take profit around 1800.
Short CEATShort with SL : 1658
cmp : 1645
Target : 1580-1550
Timeperiod : 5-8 days
Risk : Reward
1:5 approx
CEAT Long on short term Holding Interesting price action , the Stock has never made this high in the history , Now its watch and enter , as it recently broke through the Resistance and its heading towards the area of Support or Previous resistance , Once the conformation takes that the support it holding I am looking to enter after a bullish thrust day candle for Target of 10 % from CMP Zone with stop of 1360
Lets wait and watch
Regards
CEAT Range Brake out Confirmation The stock have broken the range and have made high and testing again the same for support Looking for feature growth
Regards
ceatany price correctionwhich brings stock near 1340 level is a strong buy
or buy above 1470 for 1600 plus target
CEAT On the verge of breaking out? 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
ceat inverse head and shoulder pattern breakout...target 1003?the neckline acting as support. long positions maybe created.
