Rationale report – 20.10.2023

Recommended stocks on – 18.10.2023

(1)         HDFC AMC -

Ø Buy price : 2850

Ø Strong Support : 2840

Ø Resistance price : 2873 - 2898

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 18.10.2023

(2)         HDFC AMC -

Ø Buy price : 2873

Ø Strong Support : 2840

Ø Resistance price : 2898

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 – 16.10.2023

(3)         KOTAK BANK -

Ø Buy price : 1753

Ø Strong Support : 1727

Ø Resistance price : 1777

Reasons for Buy Recommended –

while certain technical indicators suggest recent bullish candlestick patterns and strong financial performance have led to a positive outlook .