Wednesday, May 31, 2023

Rationale report – 31.05.2023

Recommended stocks on – 31.05.2023

(1)         ACC -

Ø Buy price : 1797

Ø Strong Support : 1760

Ø Resistance price : 1818 – 1833 - 1840

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth. With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

Recommended stocks on – 30.05.2023

(2)         KOTAK BANK -

Ø Buy price : 1960

Ø Strong Support : 1930

Ø Resistance price : 1974 -1980

Reasons for Buy Recommended –

Kotak Mahindra Bank exhibits strong financial health and has shown resilience in recent market sessions.

Projections and technical indicators suggest a modest upside potential.

Recommended stocks on – 16.05.2023

(3)         KOTAK BANK -

Ø Buy price : 1966

Ø Strong Support : 1940

Ø Resistance price : 1983 - 1990

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

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