Tuesday, February 14, 2023

Rationale report – 02.02.2023


Recommended stocks on – 02.02.2023

(1)         HDFC LTD -

Ø Buy price : 2626

Ø Strong Support : 2606

Ø Resistance price : 2646 – 2660 - 2680

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 02.02.2023

(2)         HDFC LTD -

Ø Buy price : 2646

Ø Strong Support : 2606

Ø Resistance price : 2674 - 2680

Reasons for Buy Recommended –

Recent technical indicators show that the stock is trading above its first resistance level, indicating a bullish trend.

Recommended stocks on – 02.02.2023

(3)         GODREJ PROP. -

Ø Buy price : 1144

Ø Strong Support : 1120

Ø Resistance price : 1165 – 1173 - 1180

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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