KAJARIA CERAMICS LTD

Long

Updated

Buy KAJARIA CERAMICS in 400-420 Range

Analysis -

Wave count shows possible complete retracement of wave 3. The ideal retracement for a 3 is between 38.2% to 50%. 50 fib is at 400 Rs.
Long term past support in play. Note that this is a 2 weeks chart.
Past record of algo play; suggests buy at 50 fib (400) and sell at -23.6% and -61.8% algo targets.

Ideal buy range Between 400-420Rs.

Long term targets-Expecting new ATHs in coming years. Will update in comments soon.

Note

Bullish divergence before the huge daily candle

snapshot

Note

Weekly bullish divergence before the pump:

snapshot

Note

Long term potential target 130%

Note

snapshot

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.