Kajaria
Having Kajaria Ceramics, in the portfolio mix can be beneficial.Entry in Kajaria Ceramics can be taken after closing above 1082. Targets will be 1173 and 1274. Long term target (12 to 14 months) in Kajaria Ceramics will be 1353. Stop Loss should be maintained at closing below 880. Kajaria Ceramics is a medium to long term investment idea. Negative aspect of the stock is valuation as the stock trends at a PE of 44.2. The positive aspect of the stock is that it is a low debt company with Zero promoter pledge where MFs and FIIs are increasing their stake. The momentum in price is strong, Annual Net profits are increasing and net cash flow of the company is also increasing.
R-0185 Intraday Cash Buy KAJARIACER @481.20-483.2 TGT 502Intraday Cash Buy KAJARIACER @481.20-483.2 SL 472.5 TGT 502
Reason:
About to cross TK line + if stays above VWAP we can see more upside
R-0169 Cash Buy KAJARIACER @427.80-429.8 SL 422 TGT 445Intraday Cash Buy KAJARIACER @427.80-429.8 SL 422 TGT 445
Above VWAP + TK cross over + MACD cross over GO LONG
R-0097 Short Term Buy KAJARIACER @410.00-412 SL 399.80 TGT 435Short Term Cash Buy KAJARIACER @410.00-412 SL 399.80 TGT 435
TK cross over + Above VWAP + MACD cross over + good volume buy
price above 200dma, and short term trend is up, if price givebreakout with volume we can see good move. we will wait for clear direction.
price above 200dma, and short term trend is up, if price give breakout with volume we can see good move. we will wait for clear direction.
