Thursday, November 30, 2023

Rationale report - 30.11.2023


Recommended stocks on – 29.11.2023

   (1) GODREJ PROP. -

Ø Buy price : 1850

Ø Strong Support : 1808

Ø Resistance price : 1874 -1880

Reasons for Buy Recommended –

The stock remains reasonably valued, offering an attractive opportunity for long-term investors. Godrej prop.view as a long-term "Buy" due to its strong fundamentals and growth potential across sectors.

Recommended stocks on – 29.11.2023

   (2) KOTAK BANK -

Ø Buy price : 1745

Ø Strong Support : 1700

Ø Resistance price : 1766 – 1774 - 1780

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 – 06.11.2023

(3)         ACC  -

Ø Buy price : 1880

Ø Strong Support : 1850

Ø Resistance price : 1903 -1913 -1920

Reasons for Buy Recommended –

Given the current bearish indicators and recent downward trend, ACC Limited may not be an ideal short-term buy at this moment. However, the oversold RSI indicates a potential for a short-term rebound.

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