Rationale report – 05.05.2023

Recommended stocks on – 05.05.2023

(1)         INDIGO -

Ø Buy price : 2160

Ø Strong Support : 2120

Ø Resistance price : 2188 – 2193 - 2203

Reasons for Buy Recommended –

Recent indicate a shift from mildly bearish to mildly bullish trends, with the stock significantly outperforming the Sensex over the past year.

Recommended stocks on – 04.05.2023

(2)         ACC -

Ø Buy price : 1757

Ø Strong Support : 1717

Ø Resistance price : 1777 – 1788 – 1794 - 1800

Reasons for Buy Recommended –

While technical indicators currently suggest a bullish trend.