Ceat is looking technically strong with CMP above all major moving averages. If we have a closing above the top trend line we ma see prices moving higher and creating a fresh new high. Any closing above 1564 should help our cause.
Ceat tyres can be a good play for budget since it is forming double bottom at this level we can initiate a buy at this level with a stoploss of 1050 on closing basis with a target of 1150 / 1200 /1400
Ceat: Bullish falling wedge. Bullish Structure.. Buy on BO of trendline. Details in the chart..
best time to enter as per chart and fundamentals < Good Quater results and near support zone for target 159, 171, 185, 190>
RESULT DAY BE CAUTIOS BULLISH . TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Bounced back from support. Can buy for good returns
Entry – CMP 1,330 ( can enter around 1280-1300 levels too to tighten the Stop loss) Stop loss -1215 Daily close (Tight Stop 1280) Target 1 – 1730 Target 2- 1950 Duration – 2-3 years Co has good Fundamentals and is available at beaten down prices Co is one of the largest tyre manufacturers and is one of the fastest growing tyre companies in India Co has debt to...
ceat is giving dividend and is also at good support ..perfect entry for swing trading
Buy Ceat near 1350-1360 Stoploss 1315 Target 1570 Inverse Head & Shoulder Pattern Breakout and Retest Structure
Ceat have took very strong support on the 1 yr trendline with good volumes. Also formed bullish engulfing at support. Today's volume is highest since 4th Feb 2021. It has also given short term breakout. The R1 is resistance on Daily timeframe and weekly timeframe too(Aug 2018 candles). Let's see how it moves further. I'm not a professional or very experienced...
The stock has shown breakout of the declining pattern of descending triangle, can be bought for targets of 1450 and 1500, the next 2 resistance zones. P.S: This idea is for educational purposes only and should not be construed as an investment advice.
All scripts posted here are only for study purpose do your analysis before taking any positions
retracement from last high seems over and might start the uptrend might begin soon
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰Watch the stock carefully :) 🔰Once you see a good breakout above this line (the pink one ) A good setup is initiated there 🔰DAY candle only ( strictly educational purpose ) :: A tip :: close above the line only on 3:20 pm would be a good setup creation :) 🔰Happy trading everyone :) 🔰...
CEAT, moving in ascending triangle pattern, enter if close above 1350.
Ceat tires looks in der consolidation phase... It may double up you investment within a year soon.. They have giant plans in India and opened up new plant with investment of 4000 CR. Buy on dips...
ceat trading in support zone , 1150---1280 is strong support zone on weekly chart possible target 2000
CEAT EQUITY levels ...23/04/2021 (D candle)