Foram_C

Buy KAJARIACER with short term holding target of 580

Lång
NSE:KAJARIACER   KAJARIA CERAMICS
KAJARIACER

After failing to clear multiple tops resistance in the 740-764 zones, the stock witnessed a significant corrective decline. It has attempted to form a potential base in the 501-520 zones and has attempted to reverse. The RSI on the Daily Chart remains neutral but has shown a classical failure swing raising the likelihood of a reversal. The Weekly RSI has moved above 30 from a bottoming out area which is bullish. A bullish candle emerging on the 200-period Moving Average on the Weekly Chart also point towards likely pullback in prices over coming days.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.