Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like Ceat on the short side. It can slide down to levels closer to Rs 1,650. There is a selling pressure in the upper regions, a fresh sell is generated now. Target on the downside is Rs 1,650, keep stop loss of Rs 1,740."
"Second stock that I feel is weak is Exide Industries. This can see a slide to levels closer to Rs 202-200 zones, keep stop loss above Rs 210," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
