Kajaria ceramics trend linebuy above the bottom trend line on a bullish candle on weekly charts with targets of 730 and 740Longby AdityaSubramanyam1
KAJARIA CERAMICS IN A ASCENDING TRIANGLE PATTERNStock is no doubt in a uptrend. While it is squeezing and trading in a range it's on the verge of a upward breakout and the reason are as follows:- 1)Moving averages are converging(nearing each other) 2)If we add in 20-dma with a 2-standard deviation higher and lower band it shows the squeeze..... 3)The lower end of the band is 690 and next major support is 693 so we have used it as our stop CHART PATTERN ON WEEKLY TIME FRAME -It seems like the stock has formed a ascending triangle which is a positive sign for a positional trader -We will execute new trade when the breakout happens because right now prices are squeezing and are trading in a range which happens generally after a good long rally and tends to continue/follow the primary trend PLEASE NOTE We are looking to time the markets so stop or target may get hit in intraday also or might end up as a swing trade TRADE VIEW BUY @ 695-705 STOP @ 690 TARGET @ 720-735 PLEASE NOTE WE ARE NOT TRADING RIGHT NOW FOR THE TRIANGLE BREAK OUT WE WAIT FOR THE BREAKOUT AND THEN TAKE A NEW POSITION ON THE TRADE Longby manavtechresearchUpdated 222
#KAJARIACER - Weekly ascending triangle patternKAJARIACER has formed weekly ascending triangle pattern. It should close above 742 for confirmation of this breakout as it has failed two times in the past but once confirms, then upside is huge. Longby GSKASAR2
Kajaria Ceramics:693 support 660Kajaria Ceramics:693 support 660 is having a strong fundamentals with a n annual sales 2528cr & an ROAE 23%. once the correction is over it is having the potency to move towards 900 Management perception: Recently both Ashok kajaria & Rishi made a visit to kochi in the first week of Oct17 for the opening of Kerovit, the new exclusive showroom for the company's sanitary ware and bath fittings and product range under Ultima tiles. Kajaria Ceramics has an annual aggregate capacity of 64 million sqmetres, distributed across 8 plants in various parts of the country, Ashok Kajaria, CMD, Kajaria Ceramics said. According to him, the vitrified tile market after GST' is very optimistic and the company is looking at a double digit growth in the next five years especially with the launch of new tile products and bath wares. Referring to Kerala market, Rishi Kajaria, Joint Managing Director, said that the company is growing at 15 per cent which is higher than the total industry growth. Kerala contributes 15 per cent of its total business and the State's market is easy to work as it adapts to new changes very quickly because of peoples exposure to international markets. The new Tirupati plant at an investment of ₹125 crore meant for manufacturing glazed vitrified tiles will have a production capacity of 4 million sqmtrs and is expected to begin operation by the end of 2017-18. The new plant will cater to the demand from southern markets. The above gives a clear picture and transparency through the CMD speech given in the annual report giving a confidence to the investors. by padiyara2211
Kajaria Is a buy for tgt of 1020 KAJARIACER is a buy for Tgt of 1020 ( investment buy ) . Longby Latesh_Narula1
On verge to cross previous resistance On verge to cross previous resistance Position Buy if trade above 745 with SL of 700 Trgt openLongby harshadgujrathi1
Kajaria failing to cross resistance levels of 725Kajaria failing to cross resistance levels of 725. Can go short after red candle.Shortby yashaswi1
Kajaria Cer. ascending channel breakoutKajaria ceramics ascending channel breakoutLongby gauravbhandari.861
Kajaria Ceramics(Long)1)Market leader-proven track record. 2)Affordable housing- a big push. 3)Clean balance sheet A) Constant Debt reduction YoY. B) Awesome increase in PAT-YoY. C)Company growing >20%. 4)Negative effects of demonetization, diminishing slowly. DOR-19th Feb'2017 CMP-562 Target-700+ (6 Months)Longby GagandeepSinghTalujaUpdated 12122
LONG KAJARIACER FOR TARGET OF 665-670 LEVELS ...Overall , Long It for Short-Mid Term ...Longby Mohit_Jangir556
KAJARIA CERAMICS stock is in up trend trading narrow might see range expansion soon above 710 towards 720/725/730 as long as the stocks trades above 701/702Longby bearishbull1968Updated 12
KAJARIA LONG FOR DAY TRADE THIS STOCK IS ALSO MAKING NEW HIGHER HIGH i am already in this stock , One can look for day trading enter on CMP or on pull back for Target of 740 with stop 700 Regards Longby shiv2798Updated 221
Kajaria Ceramics: Nice Action-Reaction LineAfter a sharp fall, price has stabilised and tried to recover some lost ground. The close above the 200-dma is a positive sign too. The red lines represent Action-Reaction lines. Andrews Pitchfork is a subset of these Action-Reaction lines. Price could rally to the upper red line at 680-ish. Longby techtrailUpdated 6
Kajaria Ceramics is a solid investmentScrip has fully bottomed out. It is now above the MAs, poised for rise to much higher levels. Book Value is Rs 114+, stock is Rs. 568, EPS is Rs 17, PE=33, rising dividends over he years, very low debt, rising margins. With the onset of rise in construction activities, demonetisation behind us, the momentum of all parameters of this scrip seems favourable. Projected price Rs 750 ~ Rs 800 within a year's timeframe. Buy with a stoploss of Rs 490~500 or so.Longby captvivekjain6
buy call as we can the bullish engulfing pattern and stock price hitting oversold level and bullish divergence there go long !!!!!!!!!!!Longby tanuj0