CEAT - Long idea

Zaktualizowano
The stock has been trading in a channel for last few months and showing signs of breakout with volume.

RSI and STOCH indicates the same.

It is at resistance which is placed at 1850.

One can go long above 1850 with SL at 1820 for T1 - 1870 T2 - 1897.

Alternatively one can short - 1800 PE at 22.9 and 1900 CE at 22 for NOV series.
Uwaga
SL HIT

Options trade on
Chart PatternsTrend Analysis

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