Monday, May 8, 2023

Rationale report – 08.05.2023


Recommended stocks on – 05.05.2023

(1)         GODREJ PROP. -

Ø Buy price : 1340

Ø Strong Support : 1303

Ø Resistance price : 1363 – 1370 – 1388 - 1400

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 – 05.05.2023

(2)         INFOSYS -

Ø Buy price : 2160

Ø Strong Support : 1220

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.

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