CEAT Share Price Today on
On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 2931.13 |
10 | 2961.83 |
20 | 3029.72 |
50 | 2907.22 |
100 | 2744.79 |
300 | 2670.26 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹2847.7, ₹2888.7, & ₹2921.5, whereas it has key support levels at ₹2773.9, ₹2741.1, & ₹2700.1.
Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 17.18%
The median 1-year forecasted upside in this share is at 13.43% with a target price of ₹3176.00.
The company has a 0.00% promoter holding, 4.48% MF holding, & 16.64% FII holding as per filings in the september quarter.
The MF holding has increased from 4.15% in june to 4.48% in the september quarter.
The FII holding has decreased from 18.75% in june to 16.64% in the september quarter.
CEAT share price down -1.09% today to trade at ₹2800.05 while its peers are mixed. Its peers such as MRF, Apollo Tyres, JK Tyre & Industries are falling today, but its peers Bengal & Assam Company are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.15% & -0.02% each respectively.
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