Rationale report – 18.07.2023

Recommended stocks on – 18.07.2023

(1)         ACC  -

Ø Buy price : 1797

Ø Strong Support : 1760

Ø Resistance price : 1818 - 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 – 17.07.2023

(2)         BALKRISHNA IND.  -

Ø Buy price : 2415

Ø Strong Support : 2373

Ø Resistance price : 2433 – 2440 – 2453 - 2460

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 – 17.07.2023

(3)         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 – 17.07.2023

(4)         HDFC AMC  -

Ø Buy price : 2380

Ø Strong Support : 2350

Ø Resistance price : 2404 - 2414

Reasons for Buy Recommended –

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

Recommended stocks on – 12.07.2023

(5)         TATA CHEMICALS -

Ø Buy price : 980

Ø Strong Support : 950

Ø Resistance price : 994 - 1003 - 1013

Reasons for Buy Recommended –

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