CEATLTD trade ideas
Swing Opportunity in Ceat LtdGo Long above 1349.1 for Targets of 1407.4, 1465.95, 1524.5, and 1583.05 with SL 1290.55
Reasons to go Long :
1. On a daily 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 there was a Trendline that was providing resistance to the stock and now it has given breakout with high volume.
CEATLTD : BOCEATLTD
- BO done
- Good Volume since two days
- Good to accumulated till zone line
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
FY21-22 Swing Trade Idea #127: Long on CEATLTDThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Ceat Ltd - Parallel ChannelsNot sure what path it'll take. If it goes straight up minimum target - 1485 else can go up 1550 as well
Stop loss - Weekly closure below the supporting line.
Not sebi registered.
Use your own discretion.
CEATLTD BULLISH POSITIONAL TRADEONE CAN GO LONG AT CURRENT LEVELS
200EMA HAS ACTED STRONG SUPPORT MULTIPLE TIMES IN PAST
SO ONE SHOULD MAINTAIN SL OF 1275 & TRAIL 200EMA AS SL.
MOMENTUM TO BE EXPECTED ONCE IT CROSSES 1400 LEVEL WITH VOLUME SUPPORT.
Swing Trade Pick Up ✌✌This scrip is best suit for swing Trade and it expected to move upside Further. So traders keep on your radar to catch the momentum.
Ceat looking good hereFor short term one can go for the target of 1450. And it s a good buy at this stage for long term hold as well.
CEAT | LetsMakeMoneyTogether 💲💲 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 :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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CETELL YOUR OPINION ABOUT THIS STOCK..
I am a beginner to share market. i now only learning about that.
if my analysis is wrong pls tell me . i will correct it and learn form
PLS tell your opinion. about this stock.
date: 6/6/2001
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CEATLTD GO LONGENTRY - CMP 1330
SL - 1250
TARGET - 1640
* Support of Anchored Vwap
* Support of trend line
* Support of volume
Risk reward - 1:3 +
Expected quick upside..
Like and comment to encourage me...
CEAT, Ascending Triangle PatternCEAT, moving in ascending triangle pattern, enter if close above 1350.
CEAT-Great Risk RewardCeat trading near 200 EMA. Moving in ABCD harmonic triangle pattern. Can be accumulated at these levels for target of 1750-1800+ levels. Stop loss can be 1225.
