Happy_Candles_Investment

Cera Sanitaryware looking aesthetic

Long
NSE:CERA   CERA SANITARYWARE
CERA Sanitaryware Ltd. The main product lines of this company are Sanitaryware, Faucets ware and Bath ware. They are Presently, engaged in the business of manufacturing, selling, and trading of building products and is having non-conventional wind & solar power for captive use in the State of Gujarat. CERA Sanitaryware Ltd CMP is 8017.50.

The Negative aspects of the company are High Valuation (P.E. = 44.9), MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, Improving cash from operations annual.

Entry can be taken after closing above 8063. Target for Cera is 8233. If the stock gives closing above 8234 long term targets of 8462,8714 and 9000 will be unlocked. Stop loss in the stock should be maintained at Closing below 7672.

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.

Happy Candles Investment
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