Monday, July 31, 2023

Rationale report – 31.07.2023


Recommended stocks on – 31.07.2023

(1)         HDFC BANK  -

Ø Buy price : 1655

Ø Strong Support : 1616

Ø Resistance price : 1674 – 1688 - 1700

Reasons for Buy Recommended –

Hdfc Bank's short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for hdfc Bank.

Recommended stocks on – 28.07.2023

(2)         INFOSYS -

Ø Buy price : 1368

Ø Strong Support : 1320

Ø Resistance price : 1384 -1390 - 1404

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. 

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