Recommended stocks on – 24.01.2023
(1)
NIFTY -
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Buy price : 18202
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Strong Support : 18303
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Resistance price : 18133 – 18108 - 18088
Reasons for Buy Recommended –
Some technical distribution pattern has been
observed in the stock's price, indicating a potential medium-term bullish.
Recommended stocks on – 20.01.2023
(2)
MUTHOOT FIN.-
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Buy price : 1055
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Strong Support : 1030
Ø
Resistance price : 1074 - 1080
Reasons for Buy Recommended –
The Moving Average Convergence
Divergence (MACD) indicator is at 19.16, suggesting a buy signal. In summary,
while long-term technical indicators for Muthoot Finance Limited suggest a
bullish trend.
The stock's price is above its 50-day and
200-day simple moving averages, indicating a bullish trend.
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