Get started
CEAT LTD
Long

CEAT - Bearish Channel Breakout - Will uptrend continue ?

By dev_trader
Updated
Looking at the charts its been observed that CEAT has given bearish channel breakout with good volume. Also 38.2% level on Fib looks like good support. Will this sustain and touch 1360, if not broke below 1200 on closing basis? We will see.
Trade active
Today's close is above yesterday. Touched high @ 1342. Uptrend continues.
Trade closed: target reached
Target reach successfully.
dev_trader

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.