Friday, January 12, 2024

Rationale report - 28.12.2023


Recommended stocks on – 20.12.2023

(1) BALKRISHNA IND. -

Ø Buy price : 2530

Ø Strong Support : 2500

Ø Resistance price : 2563 – 2577 - 2606

Reasons for Buy Recommended –

Some technical indicators might suggest a potential upward trend. For example, if the stock price has recently broken through a resistance level or if moving averages are showing a bullish crossover, these could be interpreted as positive signs.

Recommended stocks on – 11.12.2023

 (2) 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

 (3) 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.

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