📊 Key Details KAJARIACER, a ceramic industry company and part of Nifty 500 index, has been a powerhouse stock in a strong bullish trend until October 2021. The stock's historical monthly chart reveals an astounding 14,405% return from Rs. 8 to Rs. 1365, spanning from 2007 to 2021. After reaching its peak, the stock entered a consolidation phase that...
KAJARIA is showing strong BB Breakout with favourable MACD Crossover and RSI. Currently, it is witnessing good volume and has strong momentum to give a good upside rally if it breaks the resistance of 1070. Buy around 1070 levels for a short-term target of 1240.
From the highs of 1375 stock is declining making lower lows lower highs which suggests that stock is undergoing into a short term corrective downtrend. From ElliottWave perspective stock is forming a double three correction (WXY) of which wave-X is already concluded at 1093 and right now stock is unfolding its wave-Y which shall bring the prices towards 700-650...
Breakout of previous high with high volume MACD about to get positive RSI buy signal
Kajaria Ceramics strong breakout. Looks good for swing traders with SL 1030. Plan your risk before taking any trade.
NSE:KAJARIACER As per given trade setup in my last post today we achieved Target -1. Entry level was below 989 on the short side and it gave almost 20 points today. Hope you made the trade.
NSE:KAJARIACER Intraday Target and levels mentioned on chart. Wait for 15min to close on either side of level and take trade after that.
NSE:KAJARIACER Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
Kajaria trading at ATH. 10% gain already from the previous post @930. Fresh Entry above Friday high and SL below swing low on dcb.
This stock has broken 52week high with good volume and has closed this year with new high . RSI is Bullish with good expected results (14 June 2021) Good for short term for a target of 25 rs or more
although it gave a fabulous return so time to book it it is our third positional trade
Kajariya is in a strong up trend and consolidating on the upper end after breakout can give fabulous return
Make your own studies before investing NSE:KAJARIACER
KAJARIA (Kajaria Ceramics Limited) SELL BELOW 550
Good probability of an explosive move on either side. There has been steady but small increase in OI since 26th Apr during which price was mostly declining. Then there was 27% increase in OI on 8-May (378 new contracts), which happened to be a green day. A closer look at volume profile pattern on the futures chart suggests buying near the support (not shown...
One may buy Kajaria Ceramics on dips only for 2nd May with SL of 580 and targets of 602/607.