Tuesday, September 26, 2023

Rationale report – 26.09.2023


Recommended stocks on – 25.09.2023

(1)         INDIGO  -

Ø Buy price : 2360

Ø Strong Support : 2330

Ø Resistance price : 2380 – 2404

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 – 25.09.2023

(2)         ADANI ENT. -

Ø Buy price : 2330

Ø Strong Support : 2420

Ø Resistance price : 2468 – 2488 – 2494 - 2508

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 – 25.09.2023

(3)         ADANI ENT. -

Ø Buy price : 2468

Ø Strong Support : 2420

Ø Resistance price : 2488 – 2494 - 2508

Reasons for Buy Recommended –

The stock is in a bullish phase, traders can look for short-term breakouts.

Recommended stocks on – 18.09.2023

(4)         ACC  -

Ø Buy price : 2020

Ø Strong Support : 2008

Ø Resistance price : 2038 – 2050 – 2068 - 2074

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.

No comments:

Post a Comment