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Kajaria ceramics

Discussion in 'Technical Analysis' started by drsuraimardi, Oct 1, 2012.

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  1. drsuraimardi

    drsuraimardi New Member

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    Kajariacer is forming a bull flag pattern.Keep it in your watchlist.And wait for the breakout to happen and then enter...with SL 190.Target may be around 225-230.
     

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    Last edited: Oct 1, 2012
    drsuraimardi, Oct 1, 2012
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  2. sujan4bw

    sujan4bw Member

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    Above 206 looks good. Need to check volume at breakout level
     
    sujan4bw, Oct 1, 2012
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  3. drsuraimardi

    drsuraimardi New Member

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    Sujan I also think so..
     
    drsuraimardi, Oct 1, 2012
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Looking good as long as it sustain above 190 level.
    205-206 level should be a good buy with volume support.
     
    sanjay_sansanwal, Oct 1, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    Perfect Levels but this stock has low volumes of under 10k per day and so make sure you don't take very large position in this stock.
     
    shabbir, Oct 2, 2012
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  6. drsuraimardi

    drsuraimardi New Member

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    Today it closed at 211.35.But on 11/10/12 it escaped my SL very narrowly.I think I should trail my SL to 208 to safeguard/minimize loss if at all...Bought @206
     
    drsuraimardi, Oct 15, 2012
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  7. drsuraimardi

    drsuraimardi New Member

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    on friday it made a high of 237.90 and further chart is looking good .
     
    drsuraimardi, Nov 18, 2012
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  8. shabbir

    shabbir Administrator Staff Member

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    Yes chart looks really good/.
     
    shabbir, Nov 18, 2012
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  9. drsuraimardi

    drsuraimardi New Member

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    I booked profit @243 today.
     
    drsuraimardi, Nov 21, 2012
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  10. shabbir

    shabbir Administrator Staff Member

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    Great going.
     
    shabbir, Nov 21, 2012
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  11. drsuraimardi

    drsuraimardi New Member

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    Thanks Shabbir !
     
    drsuraimardi, Nov 22, 2012
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  12. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Nov 22, 2012
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  13. vinaya_hegde

    vinaya_hegde New Member

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    Hi all,

    Kajaria ceramics looks like it is in downtrend we can short with a first target of 244 and second target of 223.... any comments...
     
    vinaya_hegde, Dec 9, 2012
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  14. shabbir

    shabbir Administrator Staff Member

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    I don't agree with your view of downtrend in this stock.
     
    shabbir, Dec 9, 2012
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  15. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Strong uptrend my friend, view the chart again.
     
    sanjay_sansanwal, Dec 9, 2012
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  16. vinaya_hegde

    vinaya_hegde New Member

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    But u can see the hanging man and tweezer top over there
     
    vinaya_hegde, Dec 10, 2012
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  17. shabbir

    shabbir Administrator Staff Member

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    Don't try to read into every possible pattern and focus on the ones that works for you. There can be difference in opinions and that is perfectly fine.
     
    shabbir, Dec 10, 2012
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