CEAT Share Price Today: Up 1.44%, Nifty Down 0.1%
1 month, 3 weeks ago

CEAT Share Price Today: Up 1.44%, Nifty Down 0.1%

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CEAT share price has seen a significant rise today, with the stock price up by 1.44%. The Nifty index, on the other hand, has lost 0.1%. The stock reached a high of ₹2825 and a low of ₹2730.35 during the day, indicating a potential reversal. The company's technical analysis suggests a reversal after a strong uptrend, with key resistance and support levels at ₹2814.52, ₹2852.23, and ₹2879.47, respectively. The company's fundamentals, including ROE and ROA, are also positive, indicating potential for further price appreciation. However, the company's promoter, MF, and FII holdings have increased recently, which could be a cause for concern. Overall, the news article suggests that CEAT stock is poised for a potential rebound, but investors should exercise caution and do their own research before making any investment decisions.

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