Positional idea Somany CeramicsPositional idea of somany ceramics with no overhead supply, accumulation of more than 2 yrs, breakout with volume, volume dry up during consolidation, high RS and good EPS
SOMANYCERA trade ideas
somany Ceramics can shine, keep investment in line.Somany Ceramics Ltd. is a manufacturer and trader of complete decor solutions and its extensive range of products includes Ceramic Wall and Floor Tiles, Polished Vitrified Tiles, Glazed Vitrified Tiles, Sanitary ware, Bath Fittings and allied products.
Somany Ceramics Ltd CMP is 686.95. The Negative aspect of the company is High Valuation (P.E. = 36.4), Declining cash from operations annually, and FIIs are decreasing stake. The company's Positive aspects are No debt, Zero promoter pledge, MFs increasing stake, and Improving annual net profit.
Entry can be taken after closing above 700. Targets in the stock will be 734 and 761. The long-term target in the stock will be 784 and 818. Stop loss in the stock should be maintained at Closing below 560.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Somany Ceramics-Nice BreakoutSomany Ceramics-Nice Breakout
Capital to be deployed- 20k
Investing Price -759-770
Breakout Price -750
Stoploss - 622
Targets -1008-1205
#somanyceramics #stockmarkets #StocksToBuy #stockstowatch #StocksInFocus #StocksToTrade
It may give a breakoutKeep your risk and reward ratio according to your preferance.
This is for educational purpose. Do your own research before investing
SOMANY CERAMICS - Cup and HandleStock has formed a Cup and handle pattern
Drifitng sideways around pivot and 21 EMA .
RS rating: 61
Supply volume on 14th January is a point of concern.
Pivot buy at 946
Publishing for my own reference.
Not an investment advise.
SOMANY CERAMICS LTD ( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH SOMANY CERAMICS LTD with target of RS 970 CMP IS RS 916.30
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 850
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Intraday opportunityTrade with caution as volumes are generally less in this stock. Better to take trade with 100% margin so that if need be you can exit on next day or a day later.
Happy trading!!!!
Somany Ceramics - Cusp of a good breakoutSomany - Breakout soon candidate. Good volume consolidation and last 3 days on volume looking at some action imminent. Pure momentum play.
DISC: Not a SEBI Regd. I post charts for my own study.
Somanycera gave 40% profit
Somanyera was first recommended at 500
Observe the trades the operators system gave us...👇👇
Somany Ceramics Somany Ceramics Next Major Watch levels to make your entry. The above Picture clearly mention the Support and resistance levels. Watch these levels before you make a positions. Good Luck . Please make your own strategies.
SOMANYCERA is on trend line breakout and might move upSOMANYCERA is on trend line breakout and might move up
SOMANYCERA Somany Ceramics
Tide Daily MACD positive Crossover,
& wave is hourly oscillator upticks
Long term Resistance Trendline Breakout
Along with Cup n handle Chart Pattern Breakout.
With Good intensity of Volume.
All EMAS like 5, 13, 26, 50, 100, & 200 are Crossed
Over by PRICE in Both Tide and Wave.
One can go Long with Aggressive Stop-loss of Low of Breakout candle.
But Conservative Stop-loss is Nearest Swing Low.
This conviction is strong enough to build Bullish Bias,
Price action still says Closing above 470 in Daily time frame Will Make my Conviction More Strong.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Somany ceraAll the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
