KAJARIA CERAMICS
LTP: Rs 1,060
Action: BUY
Targets: 1,077 / 1,093
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Comment: Volumes above moved above the 10Day average. MACD is indicating continuation of the uptrend. Trading close to the all-time high levels.
NAHAR SPINNING
LTP: Rs 108.7
Action: BUY on dips
Targets: Rs 111 / Rs 114
Stop-loss: Rs 105
Comment: Stochastics indicator is showing continuation of uptrend. Broken above the trendline resistance of Rs 104. Volumes have moved above 10D average.
SURYA ROSHNI
LTP: Rs 156.75
Action: BUY
Targets: Rs 159 / Rs 161
Comment: RSI and Stochastics are hinting at continuation of the uptrend. The stock is seen moving towards the trend channel resistance of Rs 200 in the medium term. Volumes have shot up above the 10D average.
Disclaimer: This report has been prepared by Geojit BNP Paribas Financial Services Limited (GBNPP), here in after referred to as GBNPP. GBNPP, a publicly listed company, is engaged in services of retail broking, credit, portfolio management and marketing investment products including mutual funds, life and general insurance and properties. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this report (including the merits and risks involved). This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed herein is our current opinion as of the date appearing on this report only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.
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