Rationale report – 29.03.2023

Recommended stocks on – 29.03.2023

(1)         NIFTY -

Ø Buy price : 16980

Ø Strong Support : 16880

Ø Resistance price : 17033 - 17070

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.

Recommended stocks on – 28.03.2023

(2)         TCS -

Ø Buy price : 3133 & 3103

Ø Strong Support : 3088

Ø Resistance price : 3157 - 3170

Reasons for Buy Recommended –

TCS remains a solid long-term investment for investors looking for stability, consistent growth, and exposure to the global IT sector.

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.