mbhati

H & S on a monthly chart. A big short..

Education
NSE:CEATLTD   CEAT LTD
Long term portfolio holder might get a chance to exit at around 1020. Best to short at any level above 1000, SL 1100. I know that's a deep SL but if trade goes in favor then a good risk to reward.
If neckline broken at 690 then T1 = 500, T2 = 340.

I am not an advisor or a consultant. This is just for purely educational and a future reference purpose.
Comment: It made a high of 1063. Perfect area to exit for long term holders. These are not the good levels to enter into tyre industry stocks.

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