price above 200dma, and short term trend is up, if price give breakout with volume we can see good move. we will wait for clear direction.
KAJARIACER trade ideas
Kajaria Ceramics : Clear Bullish DivergenceRSI, MFI and Stoch RSi shows Bullish divergence on daily chart.
A bounce is imminent... Find your entry near 300. Big move possible if daily closes above 330+
kajaria puzzleKajaria posted earnings more than expectations but no reaction is seen in price, why is it so? any hidden weakness? pls comment
872. Near to 500 as pull back is good buy (2 months)Accumulate between 500 to 515; SL 493 closing basis. target 560
Upside possibility 10% within 2 months.
[2BB][WEEKEND] KAJARIA AT LONG TERM SUPPORTGo long at PDH break and in case of PDL break, keep in watchlist for long.
242PA. Wave 4 breakoutMany times Market does not provides good and ideal entry points. Hence needs PITS for your entries and exists (Profit taking point 1 (PT1 or PT2) or Stop loss points (SL)).
Disclaimer: Set-up shown here is only for Educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on passive analysis (PA) or static analysis for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on real-time Active Analysis (AA) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, news, major economic data release etc may impact the deviation from the assumed scenarios.
208PA. Positional trade cup and handle Risk of 3% and expected reward might be 6 to 7%, if the structure is passed.
KAJARIACER KAJARIACER
BUY @ENTRY :450.10
TARGET 1 :451.10
TARGET 2 :452.10
TARGET 3 :460.10
STOP LOSS :442.00
Buy KAJARIA CERAMICS in 400-420 RangeAnalysis -
Wave count shows possible complete retracement of wave 3. The ideal retracement for a 3 is between 38.2% to 50%. 50 fib is at 400 Rs.
Long term past support in play. Note that this is a 2 weeks chart.
Past record of algo play; suggests buy at 50 fib (400) and sell at -23.6% and -61.8% algo targets.
Ideal buy range Between 400-420Rs.
Long term targets- Expecting new ATHs in coming years. Will update in comments soon.
Kajaria Heavy Volume Invitation - MomentumIn case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
In case it opens below our hard stop loss, AVOID
iDEA of the Month - LONG Kajaria Ceramics Dear All,
We are Suggesting Kajaria Ceramics as a BUY & Can take entry at 540 - 544 for a long position to an initial Target of 565-570.
if it Sustain at 560-570 levels 1-2 days then it definitely move towards 585-590 levels in May'2018 Series.
Why Kajaria Cermaics .....???
Reason: if you see it's last 2-3 Month Technical Chart, you found a very Strong Support at a level of 538-545 levels, Kajaria Cermaics reaches to same level in March Starting & has pulll back to higher levels from strong support zone of 538-545 & then reaches to a level of 590 from there.
We are for sure it will not go down beyond 538-545 & has a pull back to higher levels from there, this is strong BUYING ZONE in "Kajaria Ceramics".
# We are taking a Stop Loss of 530 in Kajaria Cermaics.
