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k314

CEATLTD day chart study

CEAT LTD (NSE:CEATLTD)  
k314 Updated   
NSE:CEATLTD   CEAT LTD
Trend Analysis Chart Patterns Technical Indicators CEATLTD
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trendanalysis chartpattern indicator ceatltd
CEATLTD day chart study.

Avoid going long immediately after the breakout. We will wait for a close above 200 day SMA (currently at 1400) before going long.
Comment:
Candles clustered near the channel resistance since last 7 trading sessions.
Buy above 1283
Comment:
Go long at CMP (1270+)
SL: 1192
T1: 1360 (partial profit)
T2: Open
Trade active
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