Recommended stocks on – 12.01.2024
(1) BALKRISHNA IND. -
Ø Buy price : 2606
Ø Strong Support :
2560
Ø Resistance price
: 2644 – 2660 – 2677 - 2690
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 – 12.01.2024
(2) ACC -
Ø Buy price : 2323
Ø Strong Support :
2280
Ø Resistance price
: 2344
Reasons for Buy Recommended –
Given the current bearish indicators and recent downward trend, ACC Limited
may not be an ideal short-term buy at this moment. However, the oversold RSI
indicates a potential for a short-term rebound.
Recommended stocks on – 12.01.2024
(3) 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.
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