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Mayur_Undale
Jun 22, 2020 4:59 PM

Ceat_Short for target of 840 Short

CEAT LTDNSE

Description

Date: 22 June 2020
CEAT CMP 935.50
Rising Wedge pattern can be seen in Ceat. Price has broken down the rising wedge pattern. Also stock is approaching down towards 200 DEMA. Stock is moving in a channel.
T1: 926, T2: 883, T3: 840; SL: 975
Target Date: 20 July 2020
Risk to Reward: 1:3
Potential profit: 10%

Trade active

T1 achieved

Trade closed manually

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