(1)
BHARTI AIRTEL -
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Buy price : 760
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Strong Support : 747
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Resistance price : 774 - 780
Reasons for Buy Recommended –
On the daily chart, Bharti Airtel has
formed a bullish engulfing pattern, accompanied by strong volume and a rising
Relative Strength Index (RSI). This suggests potential upward momentum.
Bharti Airtel is reportedly in advanced
talks to merge its Direct-to-Home (DTH) business, Bharti Telemedia, with Tata
Play. This merger aims to consolidate their positions in the satellite TV
market, potentially creating a combined entity valued at nearly $1.6 billion.
These factors collectively suggest a positive
outlook for Bharti Airtel, with technical indicators and business strategies
aligning to support a bullish trend.
(2)
GODREJ PROP. -
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Buy price : 1275
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Strong Support : 1250
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Resistance price : 1288 – 1293 - 1303
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.
(3)
INFOSYS -
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Buy price : 1233
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Strong Support : 1208
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Resistance price : 1253 – 1260 - 1280
Reasons for Buy Recommended –
Infosys is a high-quality stock for
long-term investors looking for stable growth, strong financials, and a
leadership position in IT.
With global digitization accelerating,
Infosys is set to benefit significantly over the next decade. Strong Financials
like High ROE, zero debt, strong cash flows, and consistent dividends.
(4)
GRASIM -
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Buy price : 1707
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Strong Support : 1680
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Resistance price : 1723 - 1730
Reasons for Buy Recommended –
That over the past three years,
Grasim Industries has delivered a return of 52.67%, outperforming the Nifty
100's return of 41.67% during the same period.
In summary, based on current
insights and financial performance, Grasim Industries Limited presents a
favorable long-term investment opportunity.
(5)
LARSEN -
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Buy price : 2288
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Strong Support : 2260
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Resistance price : 2313 – 2323 - 2330
Reasons for Buy Recommended –
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
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.
while fundamental targets suggest a positive
outlook for L&T, technical indicators advise buy.
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