Business Standard

Monday, January 06, 2025 | 10:10 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Top trading ideas by Prabhudas Lilladher: Buy Kajaria Ceramics, Escorts

Nifty outlook and trading ideas from Vaishali Parekh, technical analyst at Prabhudas Lilladher

For a liquid secondary market
Premium

Vaishali Parekh Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in