CEATLTD day chart study

CEATLTD day chart study.

Avoid going long immediately after the breakout. We will wait for a close above 200 day SMA (currently at 1400) before going long.

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Candles clustered near the channel resistance since last 7 trading sessions.
Buy above 1283

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Go long at CMP (1270+)
SL: 1192
T1: 1360 (partial profit)
T2: Open

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