BATA INDIA IS Consolidating in a Price range of 765 ~ 815 from last 6 Weeks, Stock is trying hard to move towards 810~820 levels but once it touches the price levels of INR 800, it was not able to sustain over 800 & comes down towards 780, 785, 790 levels & give closing near those levels.
But it was seen this week some volume buying came & it hover near 800...
Dear All,
We are Suggesting Kajaria Ceramics as a BUY & Can take entry at 540 - 544 for a long position to an initial Target of 565-570.
if it Sustain at 560-570 levels 1-2 days then it definitely move towards 585-590 levels in May'2018 Series.
Why Kajaria Cermaics .....???
Reason: if you see it's last 2-3 Month Technical Chart, you found a very Strong Support...
Traders can take long in SBIN @ 239 -243 as chart is showing clear Volume Breakout in STATE BANK OF INDIA.
# There is a Strong Support Zone at a level of ranging from 230 - 235.
our View is positive in SBIN for a Target of 260 - 265 for MAY Series.
