Recommended stocks on – 08.02.2023
(1)
GODREJ PROP. -
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Buy price : 1180
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Strong Support : 1150
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Resistance price : 1194 - 1203
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 – 07.02.2023
(2)
ACC -
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Buy price : 2000
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Strong Support : 1960
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Resistance price : 2023 – 2037 - 2050
Reasons for Buy Recommended –
Given
the current bearish indicators and recent downward trend, ACC Limited may not
be an ideal short-term buy at this moment. However, the oversold RSI indicates
a potential for a short-term rebound.
Recommended stocks on – 06.02.2023
(3)
RELIANCE -
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Buy price : 2323
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Strong Support : 2280
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Resistance price : 2344 - 2350
Reasons for Buy Recommended –
Some technical
distribution pattern has been observed in the stock's price, indicating a
potential medium-term bullish.
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