NSE:CERA
Good to keep on the radar
Always respect SL & position sizing
=======================
💥Trade Secrets By Pratik💥
=======================
Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any
decisions
you take...
Reason for long
a) Trendline breakout possibility - Under watch list
b) Volume accumulation zone -6800
c) Entry criteria : above 7700 15 min breakout, if that breakout is first 15 min or last 15 min of day is valid
d) SL compulsory
e) QQE Support
Sector: Ceramics/Marble/Granite/Sanitaryware
stock is a leader in this sector AND real estate segment is an upcycle...
WEEKLY & MONTHLY TF shows strong uptrend....
daily chart shows accumulation at bottom...
present demand zone is at long term trendline support add confluence to trade...
CERA has ended the week on a strong note with good volumes. Suggested entry and exit levels are in the chart. keep it on radar. For educative purposes only.
Entry in discount confluence. Price at HTF OB and in STF the structued got aligned to HTF. To find out a good level and plan entry with a very small SL.
stock taking support at Bottom of 200 ema on daily chart.
plan entry at 8055/-
keep stop loss at 7780/-
target 1- 8400/-
target 2- 8700/-
target 3-8900/-
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 7154 and keeping a stop loss of 6500 , look for the target of 9000 in the coming weeks and months.
Buy: CMP
Stop loss : 6500
Targets:
Tgt 1: 8200
Tgt 2: 9000
Theory:
The Cup with Handle is a bullish continuation pattern that...
NSE:CERA took support and gave bounce on demand zone with increasing volumes on Daily chart.
It gave trendline Breakout.
It took support on trendline.
Entry : 8626
Target 1 : 9600
Target 2 : 10000
SL (for both targets) :7950
RR : 1.44/2.03
Now Cera looks good for long-term and short term
now its in buying range
As per volume profile huge buyers in Cera today
intraday go for 1000 shares
above 8370
Intraday Target - 8400,8425, 8450+++++
SL FOR INTRADAY - 8300
The information provided in this TradingView post is for educational and informational purposes only. It should not be construed as financial or investment advice. Trading in financial markets involves risk, and past performance is not indicative of future results. The author of this post is not a licensed financial advisor or broker, and they do not provide...
Analysis Criteria Used:
1. Please find the Chart Analysis done for CERA SANITARYWARE
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4....
CERA for 15% Gain. Rigid at the falling market, all time breakout and near breakout level
CMP : 6700
TG : 7400
SL : Below 9 EMA
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
