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Ceatbullish

CEAT LTD as on 14.08.2021MAKING 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 if it breaks then will make give a good support to candles!! DO CHECK BREAKOUT CANDLE VOLUME!! TARGET PRICE FOR SHORT TERM IF BREAKS UPWARD=1385/1504 STOP LOSS=1312/1280 TARGET PRICE FOR LONG TERM IF BREAKS UPWARD= 1900/2011 STOP LOSS=1379/1280 (Can break down also and can make a big down!!) "THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE do not take it as any buy or sell call"
NSE:CEATLTD
by shivamalang