Friday, January 12, 2024

Rationale report - 05.01.2024

Recommended stocks on – 04.01.2024

(1) BALKRISHNA IND.  -

Ø Buy price : 2525

Ø Strong Support : 2470

Ø Resistance price :  2544 - 2550

   Reasons for Buy Recommended –

Positive outlook on Balkrishna Industries, citing strong growth prospects and attractive valuations. However, the consensus among analysts indicates a more modest potential upside.

Recommended stocks on – 04.01.2024

(2)  SBI LIFE -

Ø Buy price : 1430

Ø Strong Support : 1388

Ø Resistance price : 1440 – 1447 - 1450

   Recommended stocks on – 18.12.2023

(3)  SBI LIFE -

Ø Buy price : 1460

Ø Strong Support : 1433

Ø Resistance price : 1477 – 1493 - 1500

   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.

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