Friday, January 12, 2024

Rationale report - 04.01.2024

Recommended stocks on – 04.01.2024

(1)  SBI LIFE -

Ø Buy price : 1430

Ø Strong Support : 1388

Ø Resistance price : 1440 – 1447 - 1450

   Reasons for Buy Recommended –

SBI LIFE short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for Sbi life.

Recommended stocks on – 03.01.2024

(2)  BHARTI AIRTEL -

Ø Buy price : 1028

Ø Strong Support : 1000

Ø Resistance price : 1043 - 1050

   Reasons for Buy Recommended –

The company is expected to continue increasing prices on its mobile plans in the coming years, which could enhance profitability. While Bharti Airtel has demonstrated strong stock performance over the past year.

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.

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

No comments:

Post a Comment