Rationale report – 02.05.2023

Recommended stocks on – 02.05.2023

(1)         GRASIM -

Ø Buy price : 1737

Ø Strong Support : 1707

Ø Resistance price : 1757 – 1763 - 1770

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.

Recommended stocks on – 03.05.2023

(2)         GODREJ PROP. -

Ø Buy price : 1313

Ø Strong Support : 1303

Ø Resistance price : 1353 - 1360

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.

Recommended stocks on – 03.05.2023

(3)         INFOSYS -

Ø Buy price : 2170

Ø Strong Support : 1244

Ø Resistance price : 2188 – 2193 - 2203

Reasons for Buy Recommended –

Infosys is a high-quality stock for long-term investors looking for stable growth, strong financials. Strong Financials like High ROE, zero debt, strong cash flows, and consistent dividends. With global digitization accelerating, Infosys is set to benefit significantly over the next decade.