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Apr 09, 2012, 12.51 PM IST
Emkay Global Financial Services is bullish on Kajaria Ceramics and has recommended buy rating on the stock with a target of Rs 225 in its April 2, 2012 research report.
Emkay Global Financial Services is bullish on Kajaria Ceramics and has recommended buy rating on the stock with a target of Rs 225 in its April 2, 2012 research report.
“Larsen and Toubro (L&T) has confirmed breakout from symmetrical triangle above Rs1332 levels which turned out to be the apex of the formation. And with prices trading above the medium term moving average of 50 DMA, the uptrend has been corroborated. The daily RSI is indicating a positive crossover after sideways trend which supports buying argument in the counter however the MACD is currently placed at neutral position. We recommend buying L&T above Rs1337 with stop loss of Rs1312 for Target of Rs 1387. (Duration 7days),” says Emkay Global Financial Services research report. Non-Institutions holding more than 90% in Indian cos Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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