KAJARIACER trade ideas
KAJARIA TL BreakoutKajaria Ceramics strong breakout. Looks good for swing traders with SL 1030. Plan your risk before taking any trade.
kajariaThe stock is trading in a very tight zone of 50 rs for a long time.
Adding on watch list buy above 1000
Symmetrical triangle pattern breakout in Kajaria CeramicsWe have multiple indications to observe this trade for a long position. Stock is ready to launch here after we see the 1000 levels are broken. In my opinion, this is a great place to accumulate and add more after 1000.
TARGET-1 of 20 points achieved | KAJARIA CERAMICSNSE:KAJARIACER
As per given trade setup in my last post today we achieved Target -1. Entry level was below 989 on the short side and it gave almost 20 points today.
Hope you made the trade.
Intraday Target and Levels | 22-07-2021 KAJARIA CERAMICNSE:KAJARIACER
Intraday Target and levels mentioned on chart.
Wait for 15min to close on either side of level and take trade after that.
KAJARIACER: 125 Days of ConsolidationNSE:KAJARIACER
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Kajaria Ceramics anticipating breakoutthe scrip has formed a good basing /consolidation formation in a longer term uptrend.
Watchout for resistance breakout ✌✌This scrip tries to break the resistance nearly 4- 5 times and expected this time it will break the resistance. So traders keep on your radar to catch the momentum.
Kajaria Ceramics Cup and Handle breakoutKajaria ceramics gave a good cup and handle breakout at 1010 after 3 months of base formation. The upside for this stock is the difference between the breakout line(1010) and the low of the candle(851) i.e. 1010-851=159. So our target comes at 1010+159=1169. NSE:KAJARIACER
KAJARIACER NEAR BO ZONE, SWING TRADE ABOVE 1040 FOR TGT 1150+Stock has been consolidated nicely in rectangular pattern and now approaching upside at BO levels.
keep it in watchlist for very good swing trade opportunity
BUY ABOVE 1040 FOR TGT 1150+ WITH STRICT SL 950
Kajaria - Swing TradeKajaria trading at ATH. 10% gain already from the previous post @930. Fresh Entry above Friday high and SL below swing low on dcb.
monthly consolidation breakout with current close, the stock has decisively broken out is CONSOLIDATION range on a closing basis along with rising volume
BuyClosed abv ATH. Some supply came at higher levels which is quite normal from people who have stuck at previous ATH. RS is positive. RSI is supporting strength. EMAs are sloping up with momentum. Counter has closed abv CML.
Buying can be done in dip around 1010-990 with sl below 964 on DCB for 1120+.
Safe side trade can be done abv 1031 with sl below 980 for target of 1120+
Disc : it's not an investment advice to buy or sell
Kajaria Ceramics - Ready for explosive moveTrigger - Breaking out of 94 days consolidation pattern in an uptrend.
Target 1106 - 1188
Kajaria CeramicsThis stock has broken 52week high with good volume and has closed this year with new high .
RSI is Bullish with good expected results (14 June 2021)
Good for short term for a target of 25 rs or more
Short Term Pick Up ✌✌This scrip is ready to move further and we would pick up this for short Term. So traders keep on your radar and Enjoy the profit.
New ATH Coming SoonStrong closure noticed in daily and weekly chart good comeback after decent correction.
Good as long as it stay above 1010.
TRIANGULAR-BREAKOUT-UPTREND-PRICE-ACTION-VOLUME-PROFILEDisclaimer-:
1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
2. Do ask your questions in the comments if any.
Volume Profile-:
Using Volume Profile one can identify probable accumulation or distribution regions by comparing the historical Volume at Price and current Volume at Price.
2. If the current volume is low, its mostly a pause before the trend resumes
3. If the current volume is higher or equivalent to historical levels then either the trend will resume or it may reverse. If it resumes then we have more strength in trend due to more accumulation. So a breakout/breakdown will confirm in this case
OBSERVATIONS-:
1. Triangular Breakout and then resistance at 1024 level.
2. But the recent volume is comparable to the historical volume that accumulated before the long rally happened.
3. So the current could be a consolidation->breakout=long position.
ENTRY-:
Confirmatory breakout above 1024 level.
TARGET-:
Since the expected rally could be as big as previous one since the accumulation is highest in the current region so we aim for at least 100% Fib Ext Level- 1450
STOP-LOSS
865 is the best recent support level tested multiple times. So stop-loss somewhere around that level.
EXIT
Since the target is above all time high. Its a provisional target level. So it doesn't make sense to exit at target rather hold on to it as much as possible and keep conservatively trailing stop-loss. Following can be used as exit signals or bearishness signals.
1. If there is bearish candlestick pattern in 1D timeframe, stop-loss can be trailed to a nearby support level .(Like Candle Low)
2. If there is RSI Divergence in 1D timeframe, better to exit at close of 1D since afterwards there can be long consolidation or reversal.
3. If the trailing stop-loss is hit, please exit
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NSE:KAJARIACER
Kajariaceramics Ready to Break outKajariaceramics Ready to Break out
1.At tested resistance
2.Above round figure
3. Just focus on results
