Cera Sanitaryware Limited
Long
Updated

CERA : on Fibonacci Gold Ratio level...

227
CERA is taking support on 200 weekly ema as well as Fibonacci Gold Ratio level... must follow its financial level...

CMP : 6600
TG : near ATH
SL : 7-8 % Below cmp

Stock's selection based on 5 Point Analysis:
1: Idea : Support on 200 WEMA.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
Trade closed: stop reached

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