Monday, October 16, 2023

Rationale report – 16.10.2023


Recommended stocks on – 12.10.2023

(1)         ACC -

Ø Buy price : 2044 & 2008

Ø Strong Support : 1990

Ø Resistance price : 2044

Reasons for Buy Recommended –

While ACC has a strong presence in the cement sector and shows potential for growth, its recent financial performance and modest sales growth suggest a bullish approach.The company has reported a modest sales growth of 6.16% over the past four years.

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