Rationale report – 10.10.2023

Recommended stocks on – 10.10.2023

(1)         KOTAK BANK -

Ø Buy price : 1700

Ø Strong Support : 1708

Ø Resistance price : 1747 – 1754 - 1760

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.

Recommended stocks on – 09.10.2023

(2)         BALKRISHNA IND. -

Ø Buy price : 2528

Ø Strong Support : 2488

Ø Resistance price : 2544 -2560 – 2573 - 2580

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 – 06.10.2023

(3)         RELIANCE -

Ø Buy price : 2323

Ø Strong Support : 2270

Ø Resistance price : 2347 - 2360 - 2373

Reasons for Buy Recommended –

Reliance Industries is a strong short & long term investment, backed by market leadership, diversification, digital transformation, and green energy expansion. It remains a top pick for Indian investors looking for steady growth and stability.

Recommended stocks on – 29.09.2023

(4)         INFOSYS -

Ø Buy price : 1460

Ø Strong Support : 1450

Ø Resistance price : 1470 -1488 -1494

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.

Strong Financials like High ROE, zero debt, strong cash flows, and consistent dividends.

Recommended stocks on – 29.09.2023

(5)         INFOSYS -

Ø Buy price : 1470

Ø Strong Support : 1450

Ø Resistance price : 1488 -1494

Reasons for Buy Recommended –

 Infosys has a strong dividend payout history and regularly conducts share buybacks, making it attractive for long-term investors.

Recommended stocks on – 15.09.2023

(6)         GODREJ PROP. -

Ø Buy price : 1660 & 1650

Ø Strong Support : 1640

Ø Resistance price : 1678 -1684 – 1694 -1703

Reasons for Buy Recommended –

Godrej Properties is a high-quality real estate stock, ideal for long-term investors looking for stable and consistent returns. With a strong brand, growing urban demand, and well-planned expansions, GPL is a top pick in the real estate sector.

One of the few real estate companies with a low debt-to-equity ratio.