NIFTY VIEW
Nifty has moved into a new zone from the range-bound levels but is finding difficulty to move past the 11150 levels while Bank Nifty has been consolidating for quite some time within a narrow range. With the expiry of F&O segment and release of stocks earning report, we anticipate some volatility in the market. However, the support for the day is seen at 11070 while resistance is seen at 11200.
BUY KAJARIA CERAMICS
CMP: Rs 444.30
TARGET: Rs 500
STOP LOSS: Rs 415
The stock has witnessed a decent erosion from the peak of 580 to signs of bottoming out at around 414 levels