Tuesday, February 14, 2023

Rationale report – 19.01.2023


Recommended stocks on – 19.01.2023

(1)         GODREJ PROP. -

Ø Buy price : 1240

Ø Strong Support : 1207

Ø Resistance price : 1263 – 1270 – 1283 – 1290 - 1303

Reasons for Buy Recommended –

Godrej Properties is a high-quality real estate stock, ideal for long-term investors looking for stable and consistent returns.

With a strong brand, growing urban demand, and well-planned expansions, GPL is a top pick in the real estate sector. One of the few real estate companies with a low debt-to-equity ratio.

Recommended stocks on – 19.01.2023

(2)         KOTAK BANK -

Ø Buy price : 1773

Ø Strong Support : 1740

Ø Resistance price : 1788 - 1803

Reasons for Buy Recommended –

The prevailing technical indicators and consensus suggest a bullish short-term outlook for kotak Bank. kotak Bank's short-term outlook appears bullish.

Recommended stocks on – 17.01.2023

(3)         ACC -

Ø Buy price : 2350

Ø Strong Support : 2308

Ø Resistance price : 2374 - 2380

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

The MACD line is slightly above the signal line, indicating a potential bullish trend.

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth. With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

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