Tuesday, February 14, 2023

Rationale report – 10.02.2023


Recommended stocks on – 10.02.2023

(1)         GODREJ PROP. -

Ø Buy price : 1177

Ø Strong Support : 1155

Ø Resistance price : 1193 - 1208

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 – 06.02.2023

(2)         LAESEN -

Ø Buy price : 2150

Ø Strong Support : 2140

Ø Resistance price : 2188 – 2194 - 2202

Reasons for Buy Recommended –

Larsen & Toubro (L&T) has a longstanding reputation as a robust player in India's infrastructure and engineering sectors, making it a focal point for long-term investors

L&T is aligning its long-term growth strategy with emerging sectors, focusing on renewable energy, technology, and infrastructure. This diversification positions the company to capitalize on new opportunities in green energy and high-tech industries, driving sustainable growth. 


 

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