(1)
BALKRISHNA IND. -
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Buy price : 2056
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Strong Support : 2017
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Resistance price : 2074 - 2080
Reasons for Buy Recommended –
The stock remains reasonably valued, offering an
attractive opportunity for long-term investors. view as a long-term
"Buy" due to its strong fundamentals and growth potential across
sectors.
(2)
INFOSYS -
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Buy price : 1240
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Strong Support : 1190
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Resistance price : 1257 - 1270
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.
(3)
INDIGO -
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Buy price : 1875
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Strong Support : 1844
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Resistance price : 1893 - 1903
Reasons for Buy Recommended –
Some technical distribution pattern has been
observed in the stock's price, indicating a potential medium-term bullish.
(4)
BHARTI AIRTEL -
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Buy price : 770
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Strong Support : 744
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Resistance price : 780 - 788
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.
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