NSE:CEATLTD LIFE TIME BO!!! One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for...
The stock of CEAT Tyres (NSE: CEATLTD) is exhibiting bullish momentum and has crossed 2018 high of 2000 with a bang! The price action seems bullish and the path of least resistance is up toward the 1.618 Fibonacci extension target of 2900.
A Very Good Chart in formation on weekly and monthly time frame as well as VCP is also forming. If it gives breakout in weekly timefame can think of building positions and can pryamid if monthly candle above sustain the horizontal line. Views should be a bit long as the pattern is in weekly as well as monthly
Ceat tyre was in uptrend however stock on weekly chart was making multiple wicks at higherareas. the stock was trading near earlier resistance. The RSI indicator suggested heavily overbought with above 2 things into place. also along with this there was a lower high formation too! indicating supply !
Best stock To buy in this market.... completed correction on weekly timeframe....and least possibility of correction when index will in correction...can go long for target 2100 with SL 1200
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near swing high.
Broke the trendline, ready to move upward, wait for retest and entry
DESCENDING TRIANGLE PATTERN FORMED!! 200 AND 50 EMA GIVING GOOD SUPPORT!! Monthly basis demand and supply acting as good support and resistance!!! Target=1972/1770 STOP LOSS=1257/1250 IF breaks down then go for short trade for intraday with helps of pivot points!! (The above analysis is only for study purpose do not take it as any buy or sell call)
MAKING A SHORT TERM CALL AND LONG TERM CALL TOO IF GAVE A BREAKOUT UPWARDS!! A FALLING WEDGE pattern formed for short term call if gave a breakout in upward direction then can make a good move after retesting and can breaks the SYMMETRICAL TRIANGLE in upward direction!! IF BREAKS ACCORDING TO MY ANALYSIS THEN CAN GIVE A NEW HIGH !! 44 ema can act as resistance and...
DONT FOLLOW CEAT IS LOOKING GOOD DISTRUBUTION PHASE PREVIOUSLY COMPLETED. ACCUMULATION IS NOW STARTED ANYTIME UPSIDE GOOD MOVE EXPECTING.
The stock has reached lower trend line of the channel pattern and took support which may undergo a reversal rally; at the same time it has broke out of triangle pattern and retested it. Trade is supported by brokerage calls and Supports Nearby along with 200 EMA. Risk Reward Ratio - 1:1 SL is placed below multiple major support zones + 200 EMA and target is place...
CEAT EQUITY levels ...14/06/2021 (D candle)
CROSSED PRE-COVID LEVELS LAST WEEK. WEEKLY RSI crossed level of 60 after 2 yrs. PLEASE SEE CHART FOR FURTHER DETAILS TARGET 1: 1200 TARGET 2: 1300 STOP LOSS : 1080 **These are my personal observations. Please trade at your own risk.**
CEAT breakout from the channel, looking to form Header and Shoulders pattern !! Economy opening up, auto numbers coming out good. Looks to be back on its long run..!! Above 1020 a definite buy for long
prices sustaining below 890 can tale stock towards 840 levels.
After Apollo Tyres next big thing is this... If it doesnt break the support this should fly to pre covid levels