Recommended stocks on – 04.01.2023
(1)
NIFTY -
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Buy price : 18088
Ø
Strong Support : 17939
Ø
Resistance price : 18133 – 18180 - 18202
Reasons for Buy Recommended –
Some technical
distribution pattern has been observed in the stock's price, indicating a
potential medium-term bullish.
Recommended stocks on – 04.01.2023
(2)
GRASIM -
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Buy price : 1696
Ø
Strong Support : 1677
Ø
Resistance price : 1714 – 1722 - 1730
Reasons for Buy Recommended –
While technical indicators currently
suggest a bullish trend.
Recommended stocks on – 04.01.2023
(3)
LARSEN -
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Buy price : 2070
Ø
Strong Support : 2044
Ø
Resistance price : 2088 – 2094 - 2104
Reasons for Buy Recommended –
The current
technical indicators for LARSEN Ltd. predominantly suggest a bullish outlook.
Relative Strength
Index (RSI): The 14-day RSI is at 73.98, indicating overbought conditions,
which could suggest a potential price correction.
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