Rationale Report - 16.07.2025

Recommended stocks on – 16.07.2025

( 1 )  GODREJ PROPERTY -

·     Buy price : 2273

·     Strong Support : 2230

·     Resistance price : 2297 - 2308

Reasons for Buy Recommended - Godrej Properties is fundamentally well-positioned, having delivered a stellar Q1 FY25 performance with pre-sales soaring 283% year-on-year to ₹8,637 crore and nearly 9 million sq. ft. sold-setting new company records. The strong sales momentum is backed by a ₹6,000 crore Qualified Institutional Placement (QIP), ensuring ample liquidity for future launches, with over ₹40,000 crore worth of projects planned for FY26 across high-demand markets like NCR, MMR, Bengaluru, and Pune.

The company’s balance sheet remains healthy with robust operational cash flows and efficient capital deployment. On the technical front, however, the stock is currently trading below key moving averages such as the 50-day and 200-day EMAs, reflecting short-term weakness.

The Relative Strength Index (RSI) hovering around 40 and a bearish Moving Average Convergence Divergence (MACD) indicate sustained downward pressure, while an Average Directional Index (ADX) below 25 suggests the current trend lacks strength. Despite this, the oversold conditions imply potential for mean reversion.

Rationale Report - 15.07.2025

Recommended stocks on – 15.07.2025

( 1 )  ADANI PORTS -

·     Buy price : 1438

·     Strong Support : 1404

·     Resistance price : 1453 - 1460

Reasons for Buy Recommended - Adani Ports & Special Economic Zone (APSEZ) has garnered strong "Buy" recommendations from multiple brokerages, supported by a compelling blend of technical indicators and fundamental strength.

On the technical front, the stock has been consistently trading above its key moving averages, including the 50-day and 200-day exponential moving averages (EMAs), signaling sustained bullish momentum.

The Relative Strength Index (RSI) remains in the 60–70 zone, indicating positive price strength without entering overbought territory. Additionally, recent breakout patterns from consolidation zones on daily and weekly charts suggest strong upward potential, reinforced by rising volumes and bullish MACD crossovers.

Rationale Report - 14.05.2025

Recommended stocks on – 06.05.2025

( 1 )  ACC -

·     Buy price : 1868 / 1838

·     Strong Support : 1830

·     Resistance price : 1890 - 1903

Reasons for Buy Recommended – ACC Ltd exhibits a cautiously optimistic technical Bullish outlook.

Relative Strength Index (RSI): The RSI stands at 54.59, indicating a neutral position but showing signs of upward momentum.

MACD (Moving Average Convergence Divergence): The MACD is at -10.13, with a signal line crossover that could point towards a bullish trend if sustained.

ACC Ltd. is showing signs of a potential bullish reversal, with key technical indicators like RSI and MACD suggesting upward momentum. While the stock is currently below its 50-day and 200-day SMAs, a breakout above these levels could confirm a bullish trend.

 

Rationale Report - 13.05.2025

Recommended stocks on – 12.05.2025

( 1 ) NIFTY -

·     price : 24909 / 24979

·     Strong Support : 25008

·     Resistance price : 24808 – 24770 - 24676

Reasons for Recommended – Here is a detailed bearish technical view of NIFTY including key chart signals, indicators, and downside levels to watch in case of trend reversal.

 Bearish Divergence (RSI):This indicates bearish divergence – a potential sign of exhaustion in uptrend.

Volume Distribution:Volumes on up-days are decreasing, and profit-booking is visible.

Heavy selling near all-time highs indicates institutional caution.

 Bearish Triggers to Monitor: Global risk-off events (US Fed, inflation, geopolitical tensions) & Weak results from index-heavyweights (Reliance, HDFC Bank, Infosys) & FII outflows or VIX spike above 16–18.

Rationale Report - 12.05.2025

Recommended stocks on – 06.05.2025

( 1 )  ACC -

·     Buy price : 1838

·     Strong Support : 1830

·     Resistance price : 1890 - 1903

Reasons for Buy Recommended – ACC Ltd exhibits a cautiously optimistic technical Bullish outlook.

Relative Strength Index (RSI): The RSI stands at 54.59, indicating a neutral position but showing signs of upward momentum.

MACD (Moving Average Convergence Divergence): The MACD is at -10.13, with a signal line crossover that could point towards a bullish trend if sustained.

ACC Ltd. is showing signs of a potential bullish reversal, with key technical indicators like RSI and MACD suggesting upward momentum. While the stock is currently below its 50-day and 200-day SMAs, a breakout above these levels could confirm a bullish trend.

Recommended stocks on – 05.05.2025

( 2 )  JSW STEEL -

·     Buy price : 965

·     Strong Support : 944

·     Resistance price : 983 - 990

Reasons for Buy Recommended – JSW Steel Ltd bullish technical outlook. MACD (12,26): The MACD line is at -14.31, with a bullish crossover observed, indicating potential upward momentum.

While long-term indicators like the MACD suggest potential for a bullish reversal, short-term indicators and moving averages point towards prevailing bullish momentum.

 

Rationale Report - 07.05.2025

 

Recommended stocks on – 06.05.2025

( 1 )  ACC -

·     Buy price : 1838

·     Strong Support : 1830

·     Resistance price : 1890 - 1903

Reasons for Buy Recommended – ACC Ltd exhibits a cautiously optimistic technical Bullish outlook.

Relative Strength Index (RSI): The RSI stands at 54.59, indicating a neutral position but showing signs of upward momentum.

MACD (Moving Average Convergence Divergence): The MACD is at -10.13, with a signal line crossover that could point towards a bullish trend if sustained.

ACC Ltd. is showing signs of a potential bullish reversal, with key technical indicators like RSI and MACD suggesting upward momentum. While the stock is currently below its 50-day and 200-day SMAs, a breakout above these levels could confirm a bullish trend.

Recommended stocks on – 05.05.2025

( 2 )  JSW STEEL -

·     Buy price : 965

·     Strong Support : 944

·     Resistance price : 983 - 990

Reasons for Buy Recommended – JSW Steel Ltd bullish technical outlook. MACD (12,26): The MACD line is at -14.31, with a bullish crossover observed, indicating potential upward momentum.

While long-term indicators like the MACD suggest potential for a bullish reversal, short-term indicators and moving averages point towards prevailing bullish momentum.

Rationale Report - 29.04.2025

Recommended stocks on – 24.04.2025

( 1 )  BALKRISHNA IND.-

·       Closed price : 2580

·       Strong Support : 2508

·       Resistance price : 2603 - 2620

Reasons for Buy Recommended – Balkrishna Industries Ltd exhibits a bullish technical outlook, with short-term bullish indicators and potential for long-term growth.

Moving Averages: Both simple and exponential moving averages across various periods (20, 50, 100, and 200 days) suggest a 'Strong Buy' signal. Overall, the technical indicators present a positive outlook for Balkrishna Industries Ltd, with moving averages suggesting a strong buy.