From long term resistance ceat has reversed with good bullish candles. now after a slight retracement it is again at the brink of breaking a resistance level and by judging from the bullish momentum it will break the level. if after breaking it sustains above it then it will provide a good swing oppurtunity.
Though CEAT is forming Falling Wedge pattern & Long can be taken after break of major resistance(Upper-GreenLine):-
Entry : Pullback Long @930 after strong closing above 940
Stoploss : 3%
Basic Target: 980
if you have any queries regarding above idea or any other stock feel free to D'M
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