$CEATLTD - Rangebound

CEAT is trading within a broad consolidation range after a prolonged correction, with price oscillating between demand near ₹3,050–3,150 and supply around the falling trendline near ₹3,550–3,600. • Support: ₹3,150 followed by ₹3,050 | Resistance: ₹3,550–3,600. The recent bounce from the lower boundary keeps the range-bound structure intact but a breakout is yet to emerge. • Until either ₹3,600 is decisively crossed or ₹3,050 is broken, expect continued sideways movement. A move above ₹3,600 could signal a trend reversal, while a break below ₹3,050 would shift the bias back to the downside. $CEATLTD