Friday, March 3, 2023

Rationale report – 03.03.2023


Recommended stocks on – 02.03.2023

(1)         LAESEN -

Ø Buy price : 2130

Ø Strong Support : 2107

Ø Resistance price : 2147 - 2160

Reasons for Buy Recommended –

L&T is aligning its long-term growth strategy with emerging sectors, focusing on renewable energy, technology, and infrastructure. This diversification positions the company to capitalize on new opportunities in green energy and high-tech industries, driving sustainable growth.

Larsen & Toubro (L&T) has a longstanding reputation as a robust player in India's infrastructure and engineering sectors, making it a focal point for long-term investors.

Recommended stocks on – 27.02.2023

(2)         NIFTY -

Ø Buy price : 17474 & 17404

Ø Strong Support : 17373

Ø Resistance price : 17533 – 17575 - 17606

Reasons for Buy Recommended –

Futures data shows a increase in futures price accompanied by an increase in open interest, suggesting potential positive price movement in the coming days.


 

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