PEL looks bearish one may start accumulating but SL here is mandatory as stock has been correcting since quite a long time but with the recent moves looks bullish.
Keep a SL of 15% and keep adding It may double up within a year.....
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...
ON THE EITHER SIDE A PERFECT RISK TO REWARD RATIO IS OBSERVED...
Wht's your view??????
BREAKOUT OR BREAKDOWN??????
My view
Expecting BREAKOUT!!!!!
Let seee......