Thursday, February 8, 2024

Rationale report - 07.02.2024


Recommended stocks on – 06.02.2024

 (1) GODREJ PROP. -

Ø Buy price : 2330

Ø Strong Support : 2260

Ø Resistance price : 2337 - 2355 – 2370 - 2404

   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.

Recommended stocks on – 05.02.2024

 (2) GODREJ PROP. -

Ø Buy price : 2360 & 2330

Ø Strong Support : 2308

Ø Resistance price : 2353 -2370 – 2388 - 2404

   Reasons for Buy Recommended –

 while certain technical indicators suggest recent bullish candlestick patterns and strong financial performance have led to a positive outlook among analysts.


Recommended stocks on – 05.02.2024

(3)  HAVELLS -

Ø Buy price : 1350

Ø Strong Support : 1308

Ø Resistance price : 1350 – 1373 - 1380

Reasons for Buy Recommended –

Based on ratings and the company's financial performance, Havells India Limited is considered a favorable  investment.

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