Recommended stocks on – 23.03.2023
(1)
TECH MAHINDRA -
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Buy price : 1096
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Strong Support : 1080
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Resistance price : 1108 - 1120
Reasons for Buy Recommended –
while certain
technical indicators suggest recent bullish candlestick patterns and strong
financial performance have led to a positive outlook .
Recommended stocks on – 23.03.2023
(2)
NIFTY -
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Buy price : 17077
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Strong Support : 16939
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Resistance price : 17133 - 17170
Reasons for Buy Recommended –
A breakout above
this level could signal a more significant bullish move.
Recommended stocks on – 23.03.2023
(3)
INDIGO -
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Buy price : 1900
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Strong Support : 1860
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Resistance price : 1919 – 1924 - 1930
Reasons for Buy Recommended –
IndiGo demonstrates
strong technical indicators and robust revenue growth.
The company's strategic shift towards
international expansion and premium services may offer growth opportunities.
The company's
revenue has increased by 67.58% during the same period.
Over the past three
years, IndiGo has achieved a profit growth of 50.38%
Recommended stocks on – 22.03.2023
(4)
TCS -
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Buy price : 3130
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Strong Support : 3090
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Resistance price : 3157 - 3170
Reasons for Buy Recommended –
As India's largest IT services company,
TCS benefits from global demand for digital solutions, cloud computing, and
cybersecurity. The company's positive outlook, bolstered by anticipated demand
revival and favorable political developments, suggests a bullish long-term
trend.
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