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Trending Stocks: Don’t miss these 2 Ceramic stocks that are trading with a price volume breakout!

Yogesh Supekar
/ Categories: Trending, Mindshare

It is very important that the momentum investors and traders identify the pockets of opportunities in advance, to beat the markets.

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Trending Stocks: Don’t miss these 2 Ceramic stocks that are trading with a price volume breakout!

With markets making new highs it is normal to expect several stocks to trade at all time highs with breakouts. The large caps have been outperforming lately and we have seen contribution from the banking majors dominating the market gains. 

It is very important that the momentum investors and traders identify the pockets of opportunities in advance, to beat the markets.

One such shining example is the performance of Kajaria Ceramics and Cera Sanitaryware on bourses. Both the counters belonging to the ceramics and Tiles sector are trading with gains after a price volume breakout.

The share price of Kajaria Ceramics and share price of Cera Sanitaryware made fresh all-time highs in Friday trading session with spurt in volume. A long green candle body was formed in the daily chart of Kajaria Ceramics and Cera Sanitaryware. The shares of Kajaria Ceramics and the shares of Cera Sanitaryware are trading above all the important moving averages i.e 20D SMA, 50D SMA and 200D SMA. 

The Ceramics and Tiles industry in India is booming in India and the rapid urbanisation, affordable housing and improving standard of living remain the big triggers at play for the industry. The ceramic industry in India is also dominated by the unorganised sector. As is the trend in the realty sector, it is expected that the demand shift happens towards more branded companies such as Kajaria Ceramics and Cera Sanitaryware.  The exports opportunities have also been tapped by these high growth, high quality companies. The results have been positive for both these ceramic companies aiding to the bullishness.

Investors should keep both Kajaria Ceramics and Cera Sanitaryware on their watchlist.

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