CEATLTD - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.4

Here's a comprehensive technical analysis of CEATLTD

📊 Trend Overview

Current Trend: Trending upward

Price is above both 50 DMA (₹3,358) and 200 DMA (₹3,234), confirming bullish momentum.

RSI at 59.0 is approaching bullish territory.

MACD at 30.2 is strongly positive, indicating sustained upward momentum.

📈 Technical Indicators

Moving Averages

Price (₹3,433) > 50 DMA (₹3,358) > 200 DMA (₹3,234): Golden crossover confirmed

RSI (59.0)

Neutral to bullish. A move above 60 would confirm stronger momentum.

MACD (30.2)

Bullish crossover with rising histogram. Momentum is accelerating.

Bollinger Bands

Price near upper band, suggesting strength but also caution for short-term pullback.

Volume Trends

Current volume (49.8K) < 1-week average (1.01L): Momentum slowing slightly

Watch for volume confirmation on breakout attempts.

🔍 Short-Term Momentum Signals

Bullish Bias

MACD and moving averages support continued upside.

RSI nearing 60 could trigger further buying if crossed.

Low PEG ratio (0.29) suggests undervaluation relative to growth.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 3,358 50 DMA, strong short-term base

Support 2 3,234 200 DMA, medium-term support

Resistance 1 3,550 Recent swing high

Resistance 2 3,750 Psychological barrier

Resistance 3 4,049 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹3,350–₹3,375 (on dips near 50 DMA)

Exit Zone: ₹3,750–₹4,049 (partial profit booking)

Aggressive Target: ₹4,200+ if breakout above 52-week high sustains

🧭 Summary

Trend: Bullish and trending upward

Momentum: Strong, supported by MACD and moving averages

Outlook: Favorable for swing trades and medium-term positions

Valuation: Reasonable P/E (27.9) vs industry (33.2), strong EPS (₹116), and improving FII sentiment

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