Rationale report – 11.07.2023

Recommended stocks on – 11.07.2023

(1)         HDFC AMC  -

Ø Buy price : 2260

Ø Strong Support : 2233

Ø Resistance price : 2277 – 2284 - 2303

Reasons for Buy Recommended –

HDFC AMC has demonstrated strong financial performance and has received favorable ratings, with target prices indicating potential upside.

Recommended stocks on – 10.07.2023

(2)         BALKRISHNA IND.  -

Ø Buy price : 2290 & 2270

Ø Strong Support : 2260

Ø Resistance price : 2323 - 2330

Reasons for Buy Recommended –

BKT has demonstrated robust financial performance, with notable earnings and volume growth. opinions are bullish, reflecting positive perspectives on the stock's valuation and future prospects.

Recommended stocks on – 10.07.2023

(3)         HDFC AMC  -

Ø Buy price : 2250

Ø Strong Support : 2208

Ø Resistance price : 2273 - 2280

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Recommended stocks on – 07.07.2023

(4)         MUTHOOT FIN.  -

Ø Buy price : 1252

Ø Strong Support : 1217

Ø Resistance price : 1267 – 1274 - 1280

Reasons for Buy Recommended –

Muthoot Finance has received favorable bullish ratings, with target prices indicating potential upside.

Recommended stocks on – 07.07.2023

(5)         INFOSYS -

Ø Buy price : 1338

Ø Strong Support : 1303

Ø Resistance price : 1357 – 1363 - 1370

Reasons for Buy Recommended –

Infosys is a high-quality stock for long-term investors looking for stable growth, strong financials, and a leadership position in IT & AI.

With global digitization accelerating, Infosys is set to benefit significantly over the next decade.

Recommended stocks on – 13.06.2023

(6)         KOTAK BANK  -

Ø Buy price : 1870

Ø Strong Support : 1830

Ø Resistance price : 1888 -1894 - 1900

Reasons for Buy Recommended –

Kotak Bank's short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for Kotak Bank.