CEAT - Technical learning

CEAT - Technical learning -

1) This is daily chart 2) SMA 50 represented by blue line 3) Earlier the same was working as support for long time 4) Once the same is broken with volume now it is working as resistance 5) Just a case study for learning 6) This is not a buy/sell recommendation. 7) 2-hour, 3-hour and 4-hour candles show RSI above 60 Thank you, Technofunda24