Very Short Term Investment Idea:
Kajaria Ceramics BSE: 500233 | NSE: KAJARIACER
Risk: High
BUY Kajaria Ceramics with an initial target of 720
Further uptrend will take the stock to 750 / 790
The stock may find some resistance between 680 and 690. Be cautious at these levels.
Keep stop loss between 625 and 650.
The fundamentals of the company are very good.The company reported 50% jump in the net profit. The sales figure is also good. But the rise in stock price has been very steep.Profit booking may happen.
In the early session of today's market the stock has recorded a swing over 100 point from high to low and low to high.
In the long term the stock is very good buy,provided the company continues its good performance.
Kajaria Ceramics BSE: 500233 | NSE: KAJARIACER
Risk: High
BUY Kajaria Ceramics with an initial target of 720
Further uptrend will take the stock to 750 / 790
The stock may find some resistance between 680 and 690. Be cautious at these levels.
Keep stop loss between 625 and 650.
The fundamentals of the company are very good.The company reported 50% jump in the net profit. The sales figure is also good. But the rise in stock price has been very steep.Profit booking may happen.
In the early session of today's market the stock has recorded a swing over 100 point from high to low and low to high.
In the long term the stock is very good buy,provided the company continues its good performance.
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