Tuesday, February 14, 2023

Rationale report – 31.01.2023


Recommended stocks on – 27.01.2023

(1)         GODREJ PROP. -

Ø Buy price : 1180

Ø Strong Support : 1170

Ø Resistance price : 1217 – 1223 - 1230

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 – 27.01.2023

(2)         GODREJ PROP. -

Ø Buy price : 1200

Ø Strong Support : 1170

Ø Resistance price : 1217 – 1223 – 1230

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.

Recommended stocks on – 27.01.2023

(3)         INDIGO -

Ø Buy price : 2100 & 2080

Ø Strong Support : 2073

Ø Resistance price : 2123 - 2130

Reasons for Buy Recommended –

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.

No comments:

Post a Comment