Rationale report – 06.11.2023

Recommended stocks on – 06.11.2023

(1)         LARSEN -

Ø Buy price : 2940

Ø Strong Support : 2909

Ø Resistance price : 2973 - 2980

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 03.11.2023

(2)         BALKRISHNA IND. -

Ø Buy price : 2560

Ø Strong Support : 2520

Ø Resistance price : 2583 - 2590 - 2600

Reasons for Buy Recommended –

Futures data shows a increase in futures price accompanied by an increase in open interest, suggesting potential positive price movement in the coming days

Recommended stocks on – 25.08.2023

(3)         IOC -

Ø Buy price : 93

Ø Strong Support : 85

Ø Resistance price : 103

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.