Rationale report – 15.06.2023

Recommended stocks on – 15.06.2023

(1)         LASRSEN  -

Ø Buy price : 2365

Ø Strong Support : 2340

Ø Resistance price : 2380 -2393 - 2404

Reasons for Buy Recommended –

L&T is a diversified Indian multinational conglomerate with interests in engineering, construction, manufacturing, technology, and financial services.

Given these insights,L&T present potential investment opportunities in their respective time frames.

Recommended stocks on – 14.06.2023

(2)         NIFTY  -

Ø Buy price : 18757

Ø Strong Support : 18606

Ø Resistance price : 18808 - 18838

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 14.06.2023

(3)         MUTHOOT FIN. -

Ø Buy price : 1153

Ø Strong Support : 1120

Ø Resistance price : 1164 – 1174 - 1180

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.

Recommended stocks on – 08.06.2023

(4)         ACC -

Ø Buy price : 1860

Ø Strong Support : 1818

Ø Resistance price : 1888 - 1900

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.