We are Suggesting Kajaria Ceramics as a BUY & Can take entry at 540 - 544 for a long position to an initial Target of 565-570. if it Sustain at 560-570 levels 1-2 days then it definitely move towards 585-590 levels in May'2018 Series.
Why Kajaria Cermaics .....??? Reason: if you see it's last 2-3 Month Technical Chart, you found a very Strong Support at a level of 538-545 levels, Kajaria Cermaics reaches to same level in March Starting & has pulll back to higher levels from strong support zone of 538-545 & then reaches to a level of 590 from there.
We are for sure it will not go down beyond 538-545 & has a pull back to higher levels from there, this is strong BUYING ZONE in "Kajaria Ceramics". # We are taking a Stop Loss of 530 in Kajaria Cermaics.
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Kajaria Cermaics today trading around 549. Longs are created in Kajaria.