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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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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