(1)
ACC -
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Buy price : 1828
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Strong Support : 1788
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Resistance price : 1844 - 1860
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 – 06.06.2023
(2)
BALKRISHNA IND. -
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Buy price : 2288
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Strong Support : 2244
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Resistance price : 2309 – 2323 - 2330
Reasons for Buy Recommended –
Over the past three years, Balkrishna Industries has
achieved an annual earnings per share (EPS) growth rate of 15%, closely aligning
with its 16% average annual share price increase. This parallel growth
indicates stable investor sentiment and consistent performance.
While Balkrishna Industries demonstrates robust financial
health and consistent growth, with some projecting modest gains and others
suggesting potential bullish.
Recommended stocks on – 01.06.2023
(3)
KOTAK BANK -
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Buy price : 1937
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Strong Support : 1880
Ø
Resistance price : 1963 – 1970 – 1988 - 2002
Reasons for Buy Recommended –
The prevailing technical indicators
and consensus suggest a bullish short-term outlook for kotak Bank.
Kotak Bank's short-term outlook
appears bullish.
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