ujjwalsethi007

Ceat uptrend - cup and handle

Long
NSE:CEATLTD   CEAT LTD
The cup and handle pattern is being further confirmed by consolidating triangle forming the handle of the cup.

With a very small stop loss, potential to profit is huge.

Comments

Thanks @ujjwalsethi007 your analysis are very good.
+1 Reply
time frame for ceat to cross 3000 level
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@kanishkkhosla it is a long term trade. I would assume anything between 2 months to two years. Depends on how the momentum picks up
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@kanishkkhosla if you have further questions, you can call me as well on 9737219194
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Closely observe the chart at the area of location and price rejection!
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@MarimuthuSuppaya would you be kind enough to share your opinion more openly?
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