Recommended stocks on – 19.05.2023
(1)
ACC -
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Buy price : 1709
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Strong Support : 1670
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Resistance price : 1733 - 1740
Reasons for Buy Recommended –
Given
the current bearish indicators and recent downward trend, ACC Limited may not
be an ideal short-term buy at this moment. However, the oversold RSI indicates
a potential for a short-term rebound.
Recommended stocks on – 19.05.2023
(2)
RELIANCE -
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Buy price : 2427
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Strong Support : 2415
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Resistance price : 2453 - 2460
Reasons for Buy Recommended –
While
recent ratings and strong performance in the retail segment suggest a bullish
outlook for Reliance Industries, investors should consider market volatility
and broader economic factors.
Recommended stocks on – 09.05.2023
(3)
INFOSYS -
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Buy price : 1250
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Strong Support : 1244
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Resistance price : 1283 – 1290 - 1303
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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