CEAT LTD
- Stock currently coming down from strong trend line resistance zone, chart indicates stock to favor bears.
- On down side CEAT will find strong trend line and 100 DMA support around 790, this indicates once stock closes and holds below 790 then some price fall can be seen in coming days.
- Even stock major trend indicator "MACD" is moving in -ve zone this indicates price fall can be seen once it closes and holds below its support. Close Watch.
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