MURUDCERA trade ideas
Murudeshwar - cup & handle breakout. Best above 70Multi year Cup and handle breakout seen in Murudeshwar Ceramics.
Best add above 70, wtih strcit stop loss of 53
Targets - 100/130/180.
Disclaimer : Educational content. Please do your own research
MURUDCERAFALLING WEDGE PATTERN BREAKOUT
Looks good on DAILY TIME FRAME
No Resistance on Higher Time Frame effecting the given price action
Volumes are good
risk reward is good
Multi patterns and Multi year breakout1. The stock gave a good strong breakout after 15 years.
2. Double bottom pattern breakout is seen monthly chart.
3. Cup and handle pattern breakout is seen in weekly chart.
4. A good volume accumulation is seen at the bottom of the cup formation.
5. After giving breakout stock retraced to the breakout level and bounced back with a strong bullish candle.
MURUDCERA (15 Yrs Breakout)Stock Name-MURUDCERA
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Price got consolidated from 15 Yrs in a range.
Here you see a clear breakout above the range.
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If this month price get closed above the B point then XABCD pattern will be activated & we see a good upmove from here.
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All the levels are posted on chart.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
LONG $NSE:MURUDCERA The stock has broken out on the weekly chart and is looking strong despite the weak sentiment. One can look to buy on CMP or if there is any dip to the levels of 54-58 for targets of 75-90-110 on a positional basis with a stop loss below 52 on weekly closing basis.
The current market sentiment is weak so it is advised to look at the long term and invest rather than aim for quick returns.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Murudeshwar Ceramics Multi Year BO Stock is trading near multi year breakout (15yrs) with good volume build up, follow chart for proper support and resistance levels, this stock earlier posted at near 38-40 levels.
Murudcera- Rectangle pattern (14 Years)NSE:MURUDCERA 42.15
1. Cup and Handle pattern breakout at 35.00 inside the Rectangle pattern (56 to 8 range)
2. Strong volume in last 4-5 weeks
3. upcoming levels to watch 55.00-75.00
4. Support near the 35.00 level
#TechnicalAnalysiswithMrChartist
Murudeshwar Ceramics Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since January 2022, NSE:MURUDCERA has given a breakout today. Buy with a stop just below ₹32. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. TTM Sales growth is at 55%, TTM Profit growth is at 307%, quarterly sales growth is at 84% and quarterly profit growth is at 167%
2. Debt to equity at 0.24 (less than 1 is good), Current Ratio at 1.55 (greater than 1.5 is good), FCF to CFO at 56.8%
3. Debtor days have improved from 119 to 66.2 days
4. Promoter holding has increased by 1.37% over last quarter
5. Stock is trading at 0.54 times its book value
Weaknesses: -
1. The company has delivered a poor sales growth of 2.96% over the past five years
2. The company has a low interest coverage ratio
3. The Company has a low return on equity of 0.81% over the last 3 years
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Short Term pick ✌✌This scrip has been for short term return as it is expected to give trendline breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
a long tradetrendline brekout and descending triangle breakout .for educational and training purose only.
Murudeshwar Ceramic - Cup n HandleChart set up is nice.
Good cup and handle formation and price is nicely respecting the cup trendline.
RSI showing good upward momentum and range bound.
Good for target 1 = 37
and can go long for target 2 of 56 for future.
Disclaimer: This is not a recommendation. Pls analyze and study urself before investing.
Murudeshwar ceramics Company posted profit after many quarers . Also price of stock cross all moving average . Target are marked in right . Stock will be a potential multibaggaer
breakout after nov-2018a close above resistance line confirms breakout, ascending triangle target close to 40 in short term.
Ascending triangle !It is on the verge of breaking the weekly and daily constant resistance.
All important levels are marked on the chart.
Educational purpose only. Trade at your own risk !!
Go LongMedium Term View - Murudeshwar Ceramics..
T 50 possible, Time - 6 months, SL 10
Short Term 20 possible in a weeks time
Flag spotted in MurudceraA flag is spotted in Murudcera
A buy can be initiated at 21
for target of 26, 30
with SL at base of flag i.e. 19
Do less qty only
MURUDESHWAR CERAMIC Investing (M)Tiles is highly unorganized market and unorganized players from MORBI GUJRAT used to dominate this space in a big way and
since GST will help organised players EXPECT MURUDESHWAR CERAMIC TO DO WELL.
MURUDESHWAR CERAMIC IS AT A INFECTION POINT.
Promoters on 31st July 2017 have hiked by 2% from 63% to 65%.
Clearly in uptrend since 2014. Above 59 its a multiyear break out....
All levels in chart . Happy investing.
MURUDCERAStock at Support Zone.
Buy with small SL of close below 43
Aaaya to aaya, Gaya to Gaya.
Target 52/56 and more.
Strict SL, No hope trades
mudrudcera-investment stockstock looks like multibagger as per my setup.
best buy range: 30-40
sl: 22(wide sl so enter with good position size with each level)
