Thursday, February 16, 2023

Rationale report – 16.02.2023


Recommended stocks on – 16.02.2023

(1)         INDIGO -

Ø Buy price : 1600

Ø Strong Support : 1570

Ø Resistance price : 1617 – 1623 - 1630

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.

Strong Financials like High ROE, zero debt, strong cash flows, and consistent dividends.


 

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