Lucifer759
Long

CEAT - Breakout

NSE:CEATLTD   CEAT LTD
Ceat broke out of a triangle pattern and now testing support.
Buy at 1275 Stoploss 1250 Target 1320

Careful with buys.
Comment: Modify stoploss to 1261
Trade closed manually: Exit at cost.
Trade active: Breakout failed and now below the trend line. Stock can be sideways to down from here.
Positional sell at 1245 with closing stoploss of 1274 Target 1198 1164

Comments

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