YESTERDAY’S RECOMMENDATION UPDATE:
infy
move on our words ACHIEVED selling TGT 940
NOW TOTAL
PROFIT: 41470 IN JUST 2 LOT
SELL CEATLTD AT 1415 tgt 1390/1360 sl 1450
The stock is in bull run and is
forming a reversal pattern in short term charts, it is likely to show
correction with the breach of the support level of 1415, where one may initiate
the short position in it for the targets of 1390,1360. while stop loss can be
placed at 1450 Primary trend of the CEATLTD is bullish and
after giving breakout of its MONTHLY RESISTANCE POINT, it is forming; as the stock
is managing to trade above its 22 and 55&200 days moving averages with the
RSI of 70, one may expect the BUYING ABOVE 1450 and targets of 1480/1500 in the
stock if it manages to sustain above the immediate support level of 1400.first
resistance level seen on charts at 1465.
DAILY
CHART FOR CEATLTD:
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