Friday, September 29, 2023

Rationale report – 29.09.2023


Recommended stocks on – 29.10.2023

(1)         INDIGO  -

Ø Buy price : 2365

Ø Strong Support : 2340

Ø Resistance price : 2388 – 2395 - 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 – 29.09.2023

(2)         INDIGO  -

Ø Buy price : 2380

Ø Strong Support : 2350

Ø Resistance price : 2397 – 2508

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

Recommended stocks on – 18.09.2023

(3)         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.

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