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CEAT LTD coming down from strong trend line resistance zone, further weakness can be seen in coming days.


CEAT LTD


  • Stock currently coming down from strong trend line resistance zone @ 891, chart indicates as long as stock holds below bears will be favored.
  • On down side stock will find strong trend line support around 790 and 755, once CEAT closes and holds below its support zone then further price fall can be seen in coming days. Close Watch.

ABAN OFFSHORE coming down from strong resistance zone, further weakness can be seen in coming days.


ABAN OFFSHORE


  • Stock currently coming down from golden ratio resistance zone @ 530, this indicates further weakness can be seen as long as stock trades below.
  • Stock also coming down from strong trend line and 50 DMA resistance zone, this indicates bears will be favored. Close Watch.

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