Tuesday, February 21, 2023

Rationale report – 21.02.2023


Recommended stocks on – 20.02.2023

(1)         HDFC  -

Ø Buy price : 2660

Ø Strong Support : 2620

Ø Resistance price : 2676 – 2690 - 2707

Reasons for Buy Recommended –

A 20-day moving average crossover appeared recently, with historical data indicating an average price gain of 2.61% within seven days following this signal over the past five years.

HDFC  robust financial performance and favorable projections suggest a positive long-term investment outlook.


 

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