Monday, August 21, 2023

Rationale report – 21.08.2023


Recommended stocks on – 21.08.2023

(1)         ACC -

Ø Buy price : 1950

Ø Strong Support : 1919

Ø Resistance price : 1967 – 1973 -1988 - 2000

Reasons for Buy Recommended –

ACC Ltd. 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 – 22.08.2023

(2)         BALKRISHNA IND.  -

Ø Buy price : 2380

Ø Strong Support :  2317

Ø Resistance price : 2404 - 2420

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.

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