CEAT | RESULT AND TECHNICAL ANALYSIS

CEAT Ltd (NSE:

) What’s happening: Q2 profit jumped 54% YoY to ₹186 cr with strong domestic tyre demand and better margins. Stock hit a new 52-week high. Why it matters: Auto sector recovery and margin expansion are driving tyre stocks; CEAT is showing strong leadership in this segment. Key takeaway: Example of how earnings growth and sector revival create both fundamental and technical momentum. Key levels: Support: ₹3,980 / ₹3,880 Resistance: ₹4,250 / ₹4,370 Breakout Zone: Above ₹4,250 may trigger next leg up Final Verdict: Bullish continuation likely if it sustains above ₹4,250 — strong mix of fundamentals and chart strength.