Monday, July 17, 2023

Rationale report – 17.07.2023


Recommended stocks on – 17.07.2023

(1)         HDFC AMC  -

Ø Buy price : 2360

Ø Strong Support : 2350

Ø Resistance price : 2377 – 2388 – 2404 - 2414

Reasons for Buy Recommended –

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

HDFC AMC aligns with your investment strategy.

Recommended stocks on – 14.07.2023

(2)         GRASIM  -

Ø Buy price : 1757

Ø Strong Support : 1717

Ø Resistance price : 1773 -1788 - 1800

Reasons for Buy Recommended –

Grasim Industries has received favorable analyst ratings, with target prices indicating potential upside. However, technical indicators suggest caution in the short term.

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)         ACC  -

Ø Buy price : 1800

Ø Strong Support : 1760

Ø Resistance price : 1823 - 1830

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 04.07.2023

(5)         ACC  -

Ø Buy price : 1818

Ø Strong Support : 1790

Ø Resistance price : 1833 - 1840

Reasons for Buy Recommended –

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

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