Kajariaceramics
Kajaria Ceramics#KajariaCeramics CMP 1313 is respecting the earlier demand zone of 1200-1300 and giving a breakout with decent volume.
Kajaria Ceramics price remained in the range of 1000-1200 from June 22 to April 23 and came out of this range in may 23. Now it is showing good support at 1200.
Seems ready for 1350/1400/1470 in mid term with SL of 1225 on closing basis.
KAJARIACER: The Stock You Don't Want to Miss!
📊 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 persisted from October 2021 until BEFORE yesterday.
However, yesterday marks a significant breakthrough for KAJARIACER as it breaks out of the consolidation pattern with substantial volume.
The stock opened with a gap up today, and the weekly bullish candle indicates minimal selling pressure and robust buying activity, making it an excellent candidate for a potential buy entry.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Ready to fire!Chart -> Kajaria Ceramics Daily
Stock has got resistance from same trendline for more than 5 times. Now breakout and retest of that seems to be done, and looks ready to fire!
CMP: 1175
Good Range: 1150 to 1175
Target: 1245, 1355
SL: 1130 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Bear vs Bull!Chart -> Kajaria Ceramics
After giving and serving a double top breakdown, now it has given a double bottom breakout.
CMP: 1128
Good Range: 1100 to 1060
Targets: 1240, 1375
SL: 985
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
KAJARIACER -Ichimoku Bullish Breakout Stock Name - Kajaria Ceramics Limited
High Risky Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is sligh Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP and more bullishness AFTER it cross the 1085.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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watch for range breakout stock made a triple bottom and trading in range breakout above 1100
buy above 1100 in intraday and swing
for swing keep Stoploss below 1050
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
KAJARIA CERAMICS: A DOUBLE THREEFrom 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 zone in the coming months.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalKAJARIA CERAMICS
Stock on weekly chart after correcting from recent highs, now form double bottom pattern and now towards its Resistance Zone
Enter for swing trade only if breaks and sustains above 1075/1077 levels,
With SL of 1048 on closing basis.
Avoid setup if gapup open.
Also can be taken as Intraday trade, with entry and target set on 5min chart support/resistance.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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watch for double bottom breakoutbuy above 1075 in intraday or swing trade
stoploss for swing trade daily candle close below 1048
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Possible Ascending Triangle Pattern in Kajariacer ?In a 30 Min Chart there was a Possible Ascending Triangle Pattern. 1071 Is a Strong Resistance if it break with the Volume there is high chance price can reach mentioned Target. Breakdown Target also given in the Chart. Do your own analysis Before investment & It is a purely Technical call.
KAJARIACEM, good risk/reward opportunityBouncing off the lower median line of pitchfork on good volume.
Target: central median line or red dash line
**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)