Recommended stocks on – 07.08.2023
(1)
HDFC AMC -
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Buy price : 2400
Ø
Strong Support : 2360
Ø
Resistance price : 2433 - 2440
Reasons for Buy Recommended –
while certain technical indicators suggest
recent bullish candlestick patterns and strong financial performance have led
to a positive outlook .
Recommended stocks on – 07.08.2023
(2)
INDIGO -
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Buy price : 2500
Ø
Strong Support : 2460
Ø
Resistance price : 2515 – 2533 - 2540
Reasons for Buy Recommended –
IndiGo is showing strong bullish momentum supported by record passenger
demand, stable fuel costs, and technical strength.
IndiGo is consistently profitable with growing revenue per passenger
(RPK).
Recommended stocks on – 07.08.2023
(3)
ADANI ENT. -
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Buy price : 2535
Ø
Strong Support : 2488
Ø
Resistance price : 2560 - 2574 - 2580
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 – 04.08.2023
(4)
GODREJ CP. -
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Buy price : 1550
Ø
Strong Support : 1544
Ø
Resistance price : 1560 -1570 – 1588 - 1600
Reasons for Buy Recommended –
While the consensus indicates a
potential upside
Recommended stocks on – 04.08.2023
(5)
GODREJ CP. -
Ø
Buy price : 1570
Ø
Strong Support : 1544
Ø Resistance price : 1588 –
1594 -1600
Reasons for Buy Recommended –
Some technical distribution pattern has been observed in the stock's price, indicating a potential medium-term bullish.
Recommended stocks on – 01.08.2023
(6)
INFOSYS -
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Buy price : 1368
Ø
Strong Support : 1340
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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