CEAT - Short idea

Ceat is heading for a consolidation with a perfect symmetrical triangle.

Currently the support is at 1950 and resistance is at 2019.

One can go short at or below 1970 with SL at 1993 for T 1950.

Alternatively one can short 2100 CE at 13.5 and 1900 PE at 15.5 together for 10150 INR in 15 days.

Keep strict SL.
Jan 16
Trade closed: target reached: Options trade on....
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