Thursday, July 13, 2023

Rationale report – 13.07.2023


Recommended stocks on – 13.07.2023

(1)         MUTHOOT FIN.  -

Ø Buy price : 1270

Ø Strong Support : 1240

Ø Resistance price : 1288 – 1293 - 1300

Reasons for Buy Recommended –

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

Recommended stocks on – 12.07.2023

(2)         KOTAK BANK  -

Ø Buy price : 1880

Ø Strong Support : 1850

Ø Resistance price : 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.

Recommended stocks on – 07.07.2023

(3)         ACC  -

Ø Buy price : 1770

Ø Strong Support : 1760

Ø Resistance price : 1800 – 1823 - 1830

Reasons for Buy Recommended –

Overall market sentiment can play a role. If the broader market is experiencing a bullish phase, ACC Cements' stock could also benefit from this positive momentum.

Recommended stocks on – 07.07.2023

(4)         INFOSYS -

Ø Buy price : 1320

Ø Strong Support : 1303

Ø Resistance price : 1338 – 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 – 07.07.2023

(5)         INFOSYS -

Ø Buy price : 1343

Ø Strong Support : 1303

Ø Resistance price : 1363 - 1370

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.



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