nextgen

CEAT approaching bearish channel support

Short
NSE:CEATLTD   CEAT LTD
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1
CEAT Ltd. has been trading in down trend and in a channel, it seem to trade in further down trend with a target of 1160 first and if broken 1072 next target the crucial 50% fibo level.Traders may enter short in CEAT with target 1160 in near term.
Trade active: STAY SHORT CEAT LTD TILL TARGET
Trade closed: target reached: target achieved 1072, go long from here

Comments

It like the stocks wait for your analysis before moving!!! Awesome call :)
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nextgen inderjeet05
@inderjeet05, thanks
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You mean target 1072 right.
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nice
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