KAJARIACER - Range breakout - 30% upside potentialKAJARIACER has given range breakout.
Target: 1600+
SL: Daily close below 1160
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About KAJARIA CERAMICS LTD
Sector
Producer Manufacturing
Industry
Building Products
Headquarters
New Delhi
Website
kajariaceramics.com
Founded
1985
ISIN
INE217B01036
Kajaria Ceramics Ltd. is a holding company, which engages in the manufacture and trade of ceramic wall and floor tiles, as well as polished and glazed vitrified tiles. It operates through Tiles, and Others segments. The Tiles segment involves in manufacturing and trading of ceramic and vitrified wall, and floor tiles. The Others segment manufactures sanitaryware and faucet and trading of plywood and block board. The company was founded by Ashok Kumar Kajaria on December 20, 1985 and is headquartered in New Delhi, India.
KAJARIA CERAMICS READY TO FIRRREEE!!!Breakout and retest in Kajaria ceramics on weekly charts.
STOP LOSS AT 1050,
NO TARGETS JUST TRAIL USING 20 EMA ON DAILY CHARTS, EXIT 75% ONCE IT CLOSES BELOW 20EMA
EXIT THE REST ONCE IT FORMS DOUBLE TOP.
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 on
Kajaria Ceramics trade idea explained in detail I daily make educational content videos for swing / positional trading
BUY KAJARIACERKAJARIACER has given breakout can buy for short to mid term swing
buy in range of 1130 - 1175
with a stoploss of 1182.35
for a target of 1365 , 1456 , 1597
KAJARIACERAMICS - BREAKOUTIt is a clear breakout from the pattern.
Ps: Do your own research
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Kajariacer can go 1300++++Investment : KajariaCer cmp 1100, on weekly chart looks good symmetric triangle can enter now with 1020 week closing basis SL, immediate target 1 - 1230-50, tgt 2 1280-1310, holding timeframe 2 -3months
In wave 5 This wave 5 will take it to new heights sl 800 . This is only for long term investors . Regards
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