CEAT - Bearish Channel Breakout - Will uptrend continue ?
Looking at the charts its been observed that CEAT has given bearish channel breakout with good volume. Also 38.2% level on Fib looks like good support. Will this sustain and touch 1360, if not broke below 1200 on closing basis? We will see.
Trade ist aktiv:
Today's close is above yesterday. Touched high @ 1342. Uptrend continues.
Trade geschlossen: Ziel wurde erreicht:
Target reach successfully.