Recommended stocks on – 15.03.2023
(1)
BALKRISHNA IND.-
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Buy price : 1988 & 1970
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Strong Support : 1960
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Resistance price : 2003 – 2013 - 2020
Reasons for Buy Recommended –
Moving Average Convergence Divergence (MACD) :The
MACD line is slightly above the signal line, indicating a potential bullish
trend.
While BKT maintains a competitive advantage, there
are concerns that profitability may rise over time if the company prioritizes
revenue growth over margins.
Recommended stocks on – 14.03.2023
(2)
KOTAK BANK -
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Buy price : 1670 & 1650
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Strong Support : 1640
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Resistance price : 1683 – 1690 - 1703
Reasons for Buy Recommended –
Kotak Mahindra Bank exhibits strong financial
health and has shown resilience in recent market sessions.
The prevailing technical indicators
and consensus suggest a bullish short-term outlook for kotak Bank.
Projections and technical indicators suggest a
modest upside potential.
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