Rationale Report - IPoint: Rationale report

Tuesday, February 14, 2023

Rationale report – 03.02.2023

Recommended stocks on – 02.02.2023

(1) HDFC LTD -

Ø Buy price : 2626

Ø Strong Support : 2606

Ø Resistance price : 2646 – 2660 - 2680

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 02.02.2023

(2) HDFC LTD -

Ø Buy price : 2646

Ø Strong Support : 2606

Ø Resistance price : 2674 - 2680

Reasons for Buy Recommended –

Recent technical indicators show that the stock is trading above its first resistance level, indicating a bullish trend.

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