Rationale report - 15.12.2023

Recommended stocks on – 14.12.2023

(1)         SBI CARDS -

Ø Buy price : 765

Ø Strong Support : 737

Ø Resistance price : 784 - 793 - 800

Reasons for Buy Recommended –

Some technical indicators might suggest a potential upward trend.

Recommended stocks on – 12.12.2023

(2) KOTAK BANK -

Ø Buy price : 1852

Ø Strong Support : 1808

Ø Resistance price : 1874 - 1880

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 – 11.12.2023

 (3) PNB -

Ø Buy price : 86

Ø Strong Support : 77

Ø Resistance price : 94 -97 -103 – 112 -120

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 06.12.2023

 (4) IOC -

Ø Buy price : 118

Ø Strong Support : 100

Ø Resistance price : 124 -130

Reasons for Buy Recommended –

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

Recommended stocks on – 05.12.2023

(5)         SBI CARDS -

Ø Buy price : 606

Ø Strong Support : 560

Ø Resistance price : 624 - 630 – 644 - 650

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.