mklives

Kajaria.. beautiful negative divergence

Short
mklives Updated   
NSE:KAJARIACER   KAJARIA CERAMICS
Kajaria Has broken the trendline of the move it had from 300s. and formed a top with negative divergence.
looks weak. with 20 dma crossing below 55 dma and about to cross below 100 dma.
can be sold at CMP fpr 550 target or on rise with resistance at 55 dma.
below 550 can test 200 dma..
Comment:
target reached, trade closed

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