Friday, July 28, 2023

Rationale report – 28.07.2023


Recommended stocks on – 28.07.2023

(1)         ADANI ENTER. -

Ø Buy price : 2470

Ø Strong Support : 2404

Ø Resistance price : 2488 - 2494 - 2500

Reasons for Buy Recommended –

Adani Enterprises Earnings momentum could drive the stock higher.

Adani's businesses in renewables, airports, and data centers are attracting investor interest.

FIIs/DII investments increase, momentum could continue.

Recommended stocks on – 28.07.2023

(2)         HDFC AMC  -

Ø Buy price : 2477

Ø Strong Support :  2404

Ø Resistance price : 2494 -2510

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 – 28.07.2023

(3)         INDIGO  -

Ø Buy price : 2570

Ø Strong Support : 2508

Ø Resistance price : 2594 - 2606

Reasons for Buy Recommended –

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

Recommended stocks on – 24.07.2023

(4)         INFOSYS -

Ø Buy price : 1338

Ø Strong Support : 1290

Ø Resistance price : 1357 – 1364 - 1370

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 – 12.07.2023

(5)         DELTA CORP. -

Ø Buy price : 188

Ø Strong Support : 165

Ø Resistance price : 202 – 219 - 230

Reasons for Buy Recommended –

Some technical distribution pattern has been observed in the stock's price, indicating a potential medium-term bullish.

No comments:

Post a Comment