Stock Picks

11/12/13: Magical Stocks

11/12/13 was an eagerly awaited date though there was nothing special about it. Let's make it special by picking up some hot charts for the coming trading sessions.

1. KAJARIA CERAMICS
Kajaria Ceramics
We have been tracking this stock for long and it has been prominent in our watch list. The 260 level was turning out to be a big resistance but in the recent sessions, the stock has witnessed heavy accumulation and a nice break above the resistance at 268-270 levels. Currently trading at 284 levels, the stock is a BUY and hold for 350+ levels with SL at 260 on closing basis.

2. ESS DEE ALUMINIUM
ESS DEE
The midcap stocks which rallied till the August month seem to be building fresh momentum and buying. ESS DEE is a must have stock in the portfolio for the coming few months. Fresh buying can be made above 590 levels. Have a SL as per the rising trendline support (Green)
Disclosure: We have positions at 530 levels since Diwali
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