CEATLTD trade ideas
Ceat Cup Handle ..Cup completed..handle under processCeat Cup Handle ..Cup completed..handle under process. See the volume bar below.
CEATLTD - Breakout Retest with VCPStock is coming back to retest its breakout level. While coming back, volumes are low. Also Stocks is near to its 200 EMA. Also RSI may take support at 40.
CEAT - Ready for accumulationCEAT - beaten down now showing signs of accumulation and should start moving up
Ceat tires start accumulating!!!!!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...
CEATLTD | Trendline + RSI divergence + 200 EMA + Pivot SupportCEATLTD | Trendline Support + RSI divergence + 200 EMA + Pivot Support
CMP : 1298
SL : 1170
Target : 1650
1:4+ risk reward setup
Understand CEAT fundamental easily. CEAT 1340 TARGET
STOPLOSS 1265
CEAT if take support at 1270 because of 200EMA SUPPORT and RSI oversold zone then a bullish trend but financial shows a bearish trend.
Quarter analysis March 2021.
Net sale = 2,290
profit after tax = 153
Means they just got a profit of (153/2290) = 6.6 %
Earning per share= 37.77
material cost is 58% which is high.
expenses increased this quarter from 1894 to 2029 crore total sale is 2290 haha very funny.
stock P/E =11.2
trading in support zone ceat trading in support zone , 1150---1280 is strong support zone on weekly chart
possible target 2000
30/11/2020 Research Report For CeatBuy @ CMP CURRENT MARKET PRICE
First Sell Target @ 1169
Final Sell Target @ 1207
Good entry point for CEATJust entered into RSI buy zone also the projection of Q2 would also be beneficial for it.
Trend Line: Reversal expected from the current levelTrend Line: Reversal expected from the current level
Only for learning PurposeCEAT currently at 200 ema and tradeline support. Waiting for confirmation candle. Not a trade recommendation only for learning Purpose.
CEAT : Falling Broadening WedgeIt’s a positional call, stock has retraced more than 38% since last year fall. This price level holds important support level of historical prices, volume and retracement ratio. Buy 30% between 1290 to 1320 then if prices does not hold wait for 1200-1150 it’s a ultimate support add 30 % more on pull back and when prices will go above 1400 add remaining quantities. Support and resistance are highlighted. T1 : 1400, T2 : 1580 and T3 : 1750
bullish on ceat decending triangular pattern which is a continuation pattern expected to be formed if breaks in upward can take postion based on resistance trend line
SellSell on rise around 1430-1440 sl 1471 target 1353
Disc : it's not an investment advice to buy or sell
#CEATLTDThat's a common occurrence during intraday with surge up in initial 3-8 candles and then later a fizz
