KAJARIACE (Kajaria Ceramics) on NSE is making a comeback with huge volumes and one-day recovery which mostly might be sold out at down-trend line.
Ask your financial advisor before investing, SHORT SELL KAJARIACE at 458 with Stop-loss of 468 and Target of 432.
After a sharp fall, price has stabilised and tried to recover some lost ground. The close above the 200-dma is a positive sign too.
The red lines represent Action-Reaction lines. Andrews Pitchfork is a subset of these Action-Reaction lines.
Price could rally to the upper red line at 680-ish.