BUY CEATLTD ABOVE 1650 TGT 1700/1760 SL 1600
Primary trend of the CEATLTD is bearish After showing correction from the
higher level, now stock is trading in short term recovery phase, it is likely
to continue the upside move in near term with the crossing of the resistance level
of 1650 as the stock is managing to sustain above the level of 1650. One may
get the targets of 1700,1800 in the stock with the stop loss of 1600.Overall trend of the stock is bullish. if the stock is managing to trade
above its RSI of 40.And wockpharma manages to sustain above the immediate
support level of 1515 at 200 EMA. 22 &55 EMA can see as a strong resistance
at 1562. It is likely to experience fresh buying with the crossing of 22 EMA ,
where one may keep the targets of 1800-1850 in the stock with the stop loss of 1515.
DAILY CHART FOR CEATLTD:
I have 1 lot of NINDUNILVR 1180 PUT @ 10.4 ,It will come 14
ReplyDeleteHINDUNILVR is risky, you can hold with sl of 6
Delete