Recommended stocks on – 11.01.2024
(1) POLYCAB -
Ø Buy price : 4040
Ø Strong Support :
3909
Ø Resistance price
: 4088 – 4108 – 4170 - 4200
Reasons for Buy Recommended –
Polycab is India's largest
manufacturer of wires and cables and one of the fastest-growing Fast-Moving
Electrical Goods (FMEG) companies.
Polycab India Limited has
demonstrated strong financial performance and maintains a leading position in
its industry. projections indicate potential for further appreciation.
Recommended stocks on – 10.01.2024
(2) KOTAK BANK -
Ø Buy price : 1828
Ø Strong Support :
1787
Ø Resistance price
: 1844 -1853 - 1860
Reasons for Buy Recommended –
while certain technical indicators suggest recent bullish candlestick
patterns and strong financial performance have led to a positive outlook.
Recommended stocks on – 08.01.2024
(3) INDUSIND BANK -
Ø Buy price : 1640
Ø Strong Support :
1607
Ø Resistance price
: 1663 - 1670
Reasons for Buy Recommended –
The company has consistently expanded its net interest margin over the past
three years, achieving a margin of 4.0% in the last year.
Given these factors, maintain a bullish outlook on IndusInd Bank, citing
potential upside based on current price targets and technical indicators.
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