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vivekanand posted an update 7 years, 11 months ago
Ceat has formed based @ 1100. Within next 6-12 months it will cross its 52 week high. Target 1200-1300 & above. Good for positional holders. Good volume. Also ceat has made agreement with skoda to fit its tyres in all its new cars along with one spare. So price increase is anticipated and volume suggest the same. There might be short down ward drift giving opportunity for buying in the near term. It is considered as next MRF.