Kajaria ceramics has formed two pattern which are very strong and bullish patterns in nature.
The only difference is the time-frame
It managed to form "Double Bottom" on daily chart(strong buy)
It managed to form "Ascending Triangle Pattern" on weekly chart(positional long call)
-The index managed to sustain the gap-up which we saw and the result was we have a break-out of the flag pattern which i have already explained in the previous educational charthttps://in.tradingview.com/chart/NIFTY/z1fmJmJ0-FLAG-OR-A-DESCENDING-CHANNEL/
-Now looking at the indicators 1)RSI ITSELF HAS SHOWN BREAKOUT OUT OF THE FLAG PATTERN