Buy Kajaria Ceramics, advises Manav Chopra

Manav Chopra of Nirmal Bang Securities told CNBC-TV18, "Kajaria Ceramics overall has been in a very good uptrend. The stock has also managed to exceed its recent swing high which has confirmed the continuation of the uptrend. Also, when the prices are moving higher the volumes are also confirming which further confirms the bullish uptrend. The prices are also currently trading above the short term moving averages."

"When we look at Kajaria Ceramics, since past few years it has been forming a series of higher highs. So at the current level, the stock is on a strong momentum and we recommend a buy in this with the stoploss of Rs 650 and we expect an upside target of Rs 740," he said.