Recommended stocks on – 10.01.2023
(1)
BALKRISHNA IND. -
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Buy price : 2180
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Strong Support : 2170
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Resistance price : 2208 – 2220 – 2233 - 2240
Reasons for Buy Recommended –
While some indicators, such as
short-term moving averages suggest bullish momentum.
Moving Averages: Short-term moving
averages (5-day, 10-day, 20-day, and 50-day) suggest a bullish trend, as the
stock is trading above these averages.
Recommended stocks on – 10.01.2023
(2)
INDIGO -
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Buy price : 2037
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Strong Support : 1990
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Resistance price : 2053 - 2060
Reasons for Buy Recommended –
Technical indicators suggest a bullish
short-term trend.
The platform's
technical indicators, including moving averages collectively suggest a 'Strong
Buy' recommendation for the stock.
Aligns with a
'Strong Buy' signal, supported by key indicators such as the Relative Strength
Index (RSI) and moving averages.
Recommended stocks on – 05.01.2023
(3)
GODREJ PROP. -
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Buy price : 1217
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Strong Support : 1180
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Resistance price : 1233 - 1240
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.

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