CERA SANITARYWARE LTD Analysis

8月11日

FOR LEARNING PURPOSE

CERA SANITARYWARE LTD - The current price of CERA SANITARYWARE LTD is 10420.45 rupees

I am going to buy this stock because of the reasons as follows-

1. Its coming out from a good consolidation base

2. Its making a new high. Its breaking resistance of last 10 months and making ATH

3. It is showing better relative strength as it stood strong in volatile times

4. The risk and reward is favourable

5. We bought this stock in month of May 2023 and then it moved up, hit our target. Then took its time and coming out again

6. The recent results has been good and it will act as bonus

I will buy it with minimum target of 35-40% and then will trail after that.

My SL is at 8750 rupees
I will be managing my risk.