Recommended stocks on – 14.02.2023
(1)
BALKRISHNA IND -
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Buy price : 2017 & 1990
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Strong Support : 1980
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Resistance price : 2037 - 2050
Reasons for Buy Recommended –
While BKT maintains a competitive advantage, there
are concerns that profitability may rise over time if the company prioritizes
revenue growth over margins.
Moving Average Convergence Divergence (MACD) :The
MACD line is slightly above the signal line, indicating a potential bullish
trend.
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