CEATLTD trade ideas
CEATLTD | Strong demand + Fib retracement level | Risk rewardCEATLTD | Strong demand + Fib retracement level | Can consider adding some for long time as investment opportunity.
CMP : 1087
SL : 950
Target : 1600, 2000
Indian Budget 2022 - Double Bottom In CEAT tyreCeat 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 : Long on Breakout of trendline.Ceat:
Bullish falling wedge.
Bullish Structure..
Buy on BO of trendline.
Details in the chart..
Positional or Longterm Opportunity in CeatGo Long above 1161.1 for Targets of 1262.2, 1363.3, 1464.4, and 1565.5 with SL 1060
Reasons to go Long :
1. On a Monthly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.618 Fibonacci level.
3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low to recent swing high then we see stock took support from 0.618 Fibonacci level & a bullish candlestick pattern Bullish Inverted Hammer is formed around 0.618 Fibonacci level.
5. There is a trendline (marked with red color), which is providing resistance to the stock so we have placed our final target just below it.
TRENDLINE BREAKOUT possible
Expect a long term trendline breakout & reversal.
Bullish Flag / Triangle breakout setup in LTF
reversal from 0.786 - 0.886 fib zone
Positional or Longterm Opportunity in CeatGo Long above 1249 for Targets of 1438, and 1627 with SL 1060
Reasons to go Long :
1. On a Monthly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.618 Fibonacci level.
3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. There is a trendline (marked with red color), which is providing resistance to the stock so we have placed our final target just below it.
Bounce near 61.8% Fibonacci levels<CEATLTD>Positional Buy :
Company : CEATLTD-EQ
Entry Price : 1265.3
Stoploss : 1138
Target 1 : 1391
Target 2 : 1455
ceat ltdhi guys. ceat daily chart ready to pattern breakout. in 15min chart if break 1193.
buy the ceat ltd. follow the risk reward rule.
buy zone 1193
sl previous candle low
target 1:2
if candle open big gap up or gap down ignore the trade
intraday
Ceat ltd: Triangle pattern (Time frame-1Week)Ceat ltd: Triangle pattern (Time frame-1Week)
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Chart time frame -1 Week
Trade type -Short term
Duration - 2 months
Entry - 1400
Target 1 - 1750
Stoploss - 1250
Risk : Reward - 1:2.3
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Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investement advisor. Please Trade and invest based on your knowledge and risk profile.
#CEAT #25/10/21 #GOOD RISK REWARD SETUPRESULT 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.
CEAT LTD TRADE SETUP FOR TOMORROWSo as you see in the chart, there is a strong resistance at the level of 1399,
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And stock is following thr trendline now, so if the goes above 1399,
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We can buy this trade for target of 1435, if stock break the trendline in a down side.
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We will totally ignore this trade.
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What's your view comment below in the box.
CEAT - Breakout from triangle patternGood Signal for an entry:
1) A Breakout from a triangle pattern in daily time frame.
2) Clear opening in the weekly time frame outside the triangle pattern.
3) Good Support at the level of around 1274
4) Stock is trading around 28% below the yearly high, so we can expect a good move in the upcoming trading sessions
So, This one is good for Swing trading......
CEAT Ltd for swing tradeLook out for a trendline breakout as it is forming a descending triangle pattern on daily chart.
Enter above 1375.
Other important levels are given in the chart.
STOCK ANALYSIS CEAT LTD.Good evening friends welcome to the analysis of Ceat ltd. it is maintaining the level of 1335 till the time we are bullish on it. For detials see the video.
Regards.
CEATLTD price taking support forming a Triangle pattern Big moveI will buy CEATLTD because :
It has been taking support at the trend line .
It is also forming lower heights
It is forming a Triangle pattern
If it breaks the support look at shorting
Entry : 1314
Target : 1500/1700
Stop loss : 1177
CEAT LtdPotential Breakout Candidate on WEEKLY TIMEFRAME
It may breakout above the triangle
levels mentioned on the chart
