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Buy Kajaria Ceramics, target Rs 473: Dinesh Rohira

26 November, 2018 5:47 AM
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Buy Kajaria Ceramics, target Rs 473: Dinesh Rohira

It took a strong support at 325-315 levels to reverse a bullish trend with minor consolidation and witnessed a positive volume trajectory in the same period to augur positive trend, says Dinesh Rohira of 5nance.com.

After remaining under selling regime over the last six months form 52-weeks low of 310 levels, Kajaria Ceramics made a strong reversal trend in the recent period to trade in a positive trajectory.

The stock managed to decisively breakout from its crucial resistance of 100-days EMA placed at Rs 433 levels. It took a strong support at 325-315 levels to reverse a bullish trend with minor consolidation and witnessed a positive volume trajectory in the same period to augur positive trend.

Source: moneycontrol.com

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