CEAT approaching bearish channel support Short

CEAT LTDNSE

Description

⋅ Dec 20, 2016 5:56 PM

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

⋅ Dec 21, 2016 6:24 AM

STAY SHORT CEAT LTD TILL TARGET

Trade closed: target reached

⋅ Dec 27, 2016 12:51 PM

target achieved 1072, go long from here

CEATLTD

Comments

inderjeet05

⋅ Dec 27, 2016 1:05 PM

It like the stocks wait for your analysis before moving!!! Awesome call :)

nextgen

⋅ Dec 27, 2016 4:03 PM

@inderjeet05, thanks

asadshaikh75

⋅ Dec 21, 2016 6:34 AM

You mean target 1072 right.

anupminj7

⋅ Dec 20, 2016 5:57 PM

nice