Rationale report – 27.07.2023

Recommended stocks on – 27.07.2023

(1)         ACC -

Ø Buy price : 1919

Ø Strong Support : 1873

Ø Resistance price : 1933 -1940

Reasons for Buy Recommended –

ACC is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth.

With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

Recommended stocks on – 27.07.2023

(2)         INDIGO  -

Ø Buy price : 2525

Ø Strong Support : 2470

Ø Resistance price : 2560 – 2573 - 2580

Reasons for Buy Recommended –

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

Recommended stocks on – 26.07.2023

(3)         HDFC AMC  -

Ø Buy price : 2468

Ø Strong Support : 2414

Ø Resistance price : 2488 - 2505

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 – 25.07.2023

(4)         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

(5)         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

(6)         INFOSYS -

Ø Buy price : 1338

Ø Strong Support : 1290

Ø Resistance price : 1357 – 1364 - 1370

Reasons for Buy Recommended –

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

Recommended stocks on – 20.07.2023

(7)         ICICI BANK -

Ø Buy price : 979

Ø Strong Support : 965

Ø Resistance price : 988 – 993 - 1003

Reasons for Buy Recommended –

Futures data shows a increase in futures price accompanied by an increase in open interest, suggesting potential positive price movement in the coming days

Recommended stocks on – 17.07.2023

(8)         LUPIN  -

Ø Buy price : 935

Ø Strong Support : 909

Ø Resistance price : 947 - 960 – 973 - 980

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.