The scrip has formed higher-high higher-low formation indicating a change in trend. Looks good to long at the next bottom in the range 653-658 with a stop loss of 636 on a closing basis.
Safe traders can long above 690.
Kajaria Ceramics has been dragged down by the bears below 365 EMA. It may look like catching a falling knife but a series of small red candles at the recent downswing indicates that the selling is almost done and reversal is expected.
Let's wait and watch how it reacts on the trendline or at support level.