Thursday, December 7, 2023

Rationale report - 06.12.2023


Recommended stocks on – 05.12.2023

(1)         ICICI BANK  -

Ø Buy price : 1000

Ø Strong Support : 973

Ø Resistance price : 1014 - 1020

Reasons for Buy Recommended –

ICICI Bank's short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for icici Bank.

Recommended stocks on – 30.11.2023

(2)         RELIANCE  -

Ø Buy price : 2400

Ø Strong Support : 2350

Ø Resistance price : 2424 – 2460 – 2473 - 2480

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Recommended stocks on – 30.11.2023

(3)         RELIANCE  -

Ø Buy price : 2424

Ø Strong Support : 2350

Ø Resistance price : 2460 – 2473 - 2480

Reasons for Buy Recommended –

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

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