Nooresh Merani of Analyse India told CNBC-TV18, "Technically I would look at Ceat as an exit towards Rs 1,160 to Rs 1,200 levels. So, any bounce from hereon would be an exit."At 15:29 hrs Ceat was quoting at Rs 1,099.80, down Rs 4.40, or 0.40 percent.
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