Ceat came from 850+ levels to 600+ levels due to some news on Rubber prices at China. Looks good at this level (now @ Rs.633). Good & consistent result, valuation is also good, trading at 6x p/e. One can buy at this level for a decent return shortly and don't overtrade.
Disclaimer : This is my personal view based on my analysis. Please check before entering.
From: Rohith P
at 10:37 AM - Jul 02, 2015( )
Ceat now at Rs.725/- touched a high of Rs.730/-.