Wednesday, July 19, 2023

Rationale report – 19.07.2023

Recommended stocks on – 19.07.2023

(1)         GODREJ PROP.  -

Ø Buy price : 1606

Ø Strong Support : 1588

Ø Resistance price : 1626 -1640 – 1653 - 1660

Reasons for Buy Recommended –

Godrej Properties is a high-quality real estate stock, ideal for long-term investors looking for stable and consistent returns. With a strong brand, growing urban demand, and well-planned expansions, GPL is a top pick in the real estate sector.

One of the few real estate companies with a low debt-to-equity ratio.

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.

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