Recommended stocks on – 06.06.2023
(1)
ACC -
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Buy price : 1806
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Strong Support : 1770
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Resistance price : 1822 -1830 – 1844 - 1850
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 – 01.06.2023
(2)
HDFC AMC -
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Buy price : 1950
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Strong Support : 1890
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Resistance price : 1974 - 1980
Reasons for Buy Recommended –
While the financial outlook appears
positive, it's essential to consider potential risks such as market volatility,
regulatory changes in the financial sector, and broader economic factors.
The company is virtually debt-free,
with a three-year return on equity (ROE) of 27.1%, and maintains a healthy
dividend payout ratio of 71.0%.
In summary, based on current insights
and financial performance, HDFC Asset Management Company Limited presents a
favorable long-term investment opportunity.
Recommended stocks on – 26.05.2023
(3)
GODREJ PROP. -
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Buy price : 1373
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Strong Support : 1344
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Resistance price : 1388 – 1394 - 1404
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.
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