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Thursday, 6 April 2017

CEATLTD FUTURE TRADING TIP FOR 07 APRIL 2017

buy CEATLTD above 1375 tgt 1400/1420 sl 1245

Primary trend of the CEATLTD is bullish and after giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1490 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 73, one may expect the targets of 1400/1440 in the stock if it manages to sustain above the immediate support level of 1300.first resistance level seen on charts at 1402.

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