Rationale report – 08.09.2023

Recommended stocks on – 08.09.2023

(1)         INDIGO  -

Ø Buy price : 2474

Ø Strong Support : 2440

Ø Resistance price : 2494 - 2500

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 – 06.09.2023

(2)         INDIGO  -

Ø Buy price : 2460

Ø Strong Support : 2424

Ø Resistance price : 2477 - 2484 - 2490 - 2500

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Recommended stocks on – 07.09.2023

(3)         RELIANCE -

Ø Buy price : 2434

Ø Strong Support : 2388

Ø Resistance price : 2455 – 2464 - 2470

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.

Recommended stocks on – 01.09.2023

(4)         BHARTI AIRTEL -

Ø Buy price : 860

Ø Strong Support : 818

Ø Resistance price : 878 – 884 - 890

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 – 05.08.2023

(5)         KOTAK BANK -

Ø Buy price : 1775

Ø Strong Support : 1750

Ø Resistance price : 1790 - 1803

Reasons for Buy Recommended –

Kotak Bank's short-term outlook appears bullish.

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