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Mixed performance; positive future outlook; Maintain Buy Steady revenue growth: Kajaria Ceramics posted steady revenue growth 9.4% YoY and 10.4% QoQ largely driven by strong demand and improvement in volumes. Its production volumes came in at 20.54 MSM which grew by 13% YoY and 0.2% QoQ while its sales volumes stood at 28.02 MSM and grew by 7.9% YoY and 10.1% QoQ. For FY23, its revenue too witnessed strong growth of 18.3% and sales and products volumes increase of 11% YoY and 16....
Buy Kajaria Ceramics Ltd For Target Of Rs. 1459 - Religare Securities
Nifty Nifty saw a good rebound from its 200 DEMA (17550) as it managed to maintain its tail above the same. Theconfluencezone of this 200 DEMA & its prior gap support zone of 17360 should provide the necessary base for the ongoingeventvolatility while any slippages below 17310 may unfold further immediate legs of the ongoing bearish trend. Onthehigherside its 20 days EMA is placed at 17980 which remains an immediate major hurdle for the index. Both its trendstrengthindicators are...
Nifty saw a good rebound from its 200 DEMA (17550) as it managed to maintain its tail above the same - Tradebulls Securities
Below Quote Daily Market Analysis 25 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets plunged sharply lower on the monthly expiry day and ended with a cut of over a percent. After the flat start, the Nifty index drifted gradually lower in the first half and remained in a narrow band thereafter. It finally settled at 17891.95 levels; down by 1.25%. Meanwhile, the selling pressure was widespread wherein banking & financials lost ...
Daily Market Analysis : Markets plunged sharply lower on the monthly expiry day and ended with a cut of over a percent Says Mr. Ajit Mishra, Religare Broking
Nifty * Nifty started the week with an uptick and gained over half a percent. * Mixed trend on the sectoral front. IT majors showed strength while profit taking in energy, banking and cement trimmed gains. * Maintain focus on stock selection until Nifty decisively closes above 18250. * Expect volatility to remain high citing earnings and upcoming F&O expiry Technical Chart : Intraday BANKNIFTY * Banking index also edged higher in line with the benchmark ...
Nifty started the week with an uptick and gained over half a percent - Religare Broking
Nifty Outlook Markets remained volatile for yet another session and lost nearly a percent. The benchmark opened lower, tracking weak global cues as the rising yields continued to impact sentiment globally. It traded lackluster in the middle, followed by a marginal bounce in the end. Consequently, Nifty settled at 14,938; down by 0.95%. On the sector front, except oil & gas, all the other indices ended in red wherein Metal, Telecom and IT were the top losers. The broader indices unde...
Markets remained volatile for yet another session and lost nearly a percent - Religare Broking
Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More HDFC Bank Limited (HDFCBANK) Buy HDFC Bank Ltd @ 2100-2120 Stoploss 2070 Target 2230 CMP 2130.2 Among the private banking space, HDFC Bank holds prominence due to its consistent performance. It’s currently trading strongly above the support zone of major moving averages on multiple time frames, clearly indicating its strength. Also, it has formed a fresh buying pivot and likely to ...
Buy HDFC Bank Ltd For Target Rs. 2230.00 - Religare Sec
Derivative Ideas CEATLTD added around 1.5% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further surge in its price. We suggest buying CEATLTD options as per below levels. Strategy:- Buy CEATLTD 1140 CE between 26-27, Stop loss - 18, Target - 44 for 4-6 trading sessions. To Read Complete Report & Disclaimer Click Here For Religare Securities Ltd Disclaimer http://old.religareonl...
Buy CEATLTD For Target Rs. 44.00 - Religare Sec
Lupin Ltd LUPIN has witnessed decent profit taking and found support around the multiple moving averages (200/100/50)EMA’s on daily chart. It is rebounding from thereon and likely to maintain this bias ahead as well. Traders should use this dip to initiate fresh longs through Call option as per the mentioned levels. Recommendation Buy Lupin Ltd 900 CE @ 30-32 Stop loss 24 Target 45 CMP 36 To Read Complete Report & D...
Buy Lupin Ltd For Target Rs.45.00 - Religare Sec
L and T Finance Holdings Ltd After retesting its crucial support zone of 100 day EMA on weekly chart, L&TFH has been hovering in a narrow range and formed a fresh buying pivot. The chart positioning combined with signals from the indicators is pointing towards strong rebound in near future. Traders should use this opportunity and accumulate fresh long in the given range. Recommendation Buy L&T Finance Holdings Ltd @ 149-151 Stoploss 145 Target 160 CMP 150.35 ...
Buy L and T Finance Holdings Ltd For Target Rs.160.00 - Religare Sec
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