Buy Ceat; target of Rs 115: Ashish Tater

Buy Ceat for an intraday target of Rs 115 and medium term target of Rs 140, says Aashish Tater, Fort Share Broking

Tater told CNBC-TV18, ''CEAT, where we feel there are fundamental story in terms of land bank and the business itself. The stock has an intraday target of close to Rs 115 and Rs 140 is medium term target on to the stock. The stock should be played between this particular range and I am comfortable in buying in this particular stock around at Rs 100 odd mark where we feel the downside is limited and a potential upside of almost 30-40%." He further added, "If rubber prices cool off from here on and there are any duty rejig, the stock can be a good outperformer and will achieve intraday target of close to Rs 115 and also the medium term target of close to Rs 140 odd mark." Click HERE to know the rules and follow the score card