balaji_damo

CEAT - Long idea

Long
balaji_damo Updated   
NSE:CEATLTD   CEAT LTD
The stock has been trading in a channel for last few months and showing signs of breakout with volume.

RSI and STOCH indicates the same.

It is at resistance which is placed at 1850.

One can go long above 1850 with SL at 1820 for T1 - 1870 T2 - 1897.

Alternatively one can short - 1800 PE at 22.9 and 1900 CE at 22 for NOV series.
Comment:
SL HIT

Options trade on

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