CEAT TYRES... LOOKS GOOD FOR A 20% RALLY
All tyre manufacturer stocks are breaking out of resistance trendlines. MRF, Balkrishna and Apollo tyres had already broken out. CEAT and JK tyres look good to breakout soon. Along with Auto stocks, we can expect a good rally in these tyre stocks. Buy now and add on dips for good returns in the next two months.
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Clear breakout was seen today... Wait for the rally.
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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.