Recommended stocks on – 06.02.2023
(1)
BALKRISHNA IND -
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Buy price : 2270
Ø
Strong Support : 2233
Ø
Resistance price : 2293 - 2308
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.
Recommended stocks on – 03.02.2023
(2)
INDIGO -
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Buy price : 2108
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Strong Support : 2230
Ø
Resistance price : 2133 - 2140
Reasons for Buy Recommended –
Infosys is a high-quality stock for long-term
investors looking for stable growth, strong financials, and a leadership
position in IT.With global digitization accelerating, Infosys is set to benefit
significantly over the next decade.

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