Rationale report – 26.07.2023

Recommended stocks on – 25.07.2023

(1)         INDIGO  -

Ø Buy price : 2570

Ø Strong Support : 2550

Ø Resistance price : 2597 – 2606 – 2626 - 2650

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

Recommended stocks on – 25.07.2023

(2)         INDIGO  -

Ø Buy price : 2570

Ø Strong Support : 2550

Ø Resistance price : 2597 – 2606 – 2626 - 2650

Reasons for Buy Recommended –

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

Recommended stocks on – 25.07.2023

(3)         INFOSYS -

Ø Buy price : 1330

Ø Strong Support : 1290

Ø Resistance price : 1347 -1355 - 1360

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 – 24.07.2023

(4)         KOTAK BANK -

Ø Buy price : 1877

Ø Strong Support : 1860

Ø Resistance price : 1900 - 1919 - 1930

Reasons for Buy Recommended –

Kotak bank 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 – 24.07.2023

(5)         TATA CHEMICALS -

Ø Buy price : 980

Ø Strong Support : 955

Ø Resistance price : 997 - 1008

Reasons for Buy Recommended –

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

Recommended stocks on – 24.07.2023

(6)         INFOSYS -

Ø Buy price : 1338

Ø Strong Support : 1290

Ø Resistance price : 1357 – 1360 - 1370

Reasons for Buy Recommended –

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

Strong Financials like High ROE, zero debt, strong cash flows, and consistent dividends.

Recommended stocks on – 21.07.2023

(7)         BALKRISHNA IND.  -

Ø Buy price : 2403

Ø Strong Support : 2330

Ø Resistance price : 2437 - 2450

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.