CERA - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis for CERA (Cera Sanitaryware Ltd)

Technical Rating: 3.2

📉 Trend Overview

Current Price: ₹6,482

52W High/Low: ₹11,500 / ₹5,060

Trend Status: Reversing The stock has corrected ~44% from its 52-week high and is trading below both 50 and 200 DMAs, indicating a bearish reversal with signs of base formation.

📈 Chart Patterns & Indicators

RSI (40.1): In the lower neutral zone, suggesting weak momentum but not yet oversold.

MACD (-20.9): Bearish crossover, confirming downward pressure.

Bollinger Bands: Price is near the lower band, indicating volatility compression and potential support.

Volume Trends: Current volume (14.1K) is below 1-week average (19.3K), showing reduced participation and caution.

📉 Moving Averages

Moving Average Value (₹) Signal

50 DMA 6,627 Bearish (Price below)

200 DMA 6,724 Bearish (Price below)

The stock is trading below both key DMAs, confirming a short-term downtrend.

📌 Support & Resistance Zones

Support Levels: ₹6,300 (recent swing low), ₹6,000 (psychological), ₹5,060 (52W low)

Resistance Levels: ₹6,627 (50 DMA), ₹6,724 (200 DMA), ₹7,000 (trendline resistance)

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹6,200–₹6,400 (if RSI stabilizes and price holds above ₹6,200)

Exit Zone: ₹6,600–₹6,900 (near resistance and moving averages)

Stop Loss: ₹6,000 (below psychological support)

⚠️ Momentum Signals

Short-Term: Weak momentum, possible bounce if RSI rebounds and volume improves

Medium-Term: Bearish unless price reclaims ₹6,724 with volume confirmation

🧠 Summary

CERA is in a reversal phase, showing technical weakness across indicators. While oversold conditions are not extreme, the stock is trading below key averages and lacks volume support. Traders may consider accumulating near ₹6,200 with tight risk controls and watch for a breakout above ₹6,724 for confirmation.

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