Recommended stocks on – 14.01.2024
(1) NIFTY
-
Ø Buy price : 21606
Ø Strong Support :
21404
Ø Resistance price
: 21676 – 21737 - 21808
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 – 14.01.2024
(2) KOTAK BANK -
Ø Buy price : 1720
Ø Strong Support : 1680
Ø Resistance price : 1733 - 1740
Reasons
for Buy Recommended –
Kotak Mahindra Bank making it a
compelling candidate for long-term investment. The bank has demonstrated a
commendable profit growth rate of 20.4% compounded annually over the past five
years.
The bank's P/E ratio stands at 15.76, compared to the sector average of
9.07, indicating a premium valuation. The bank reported a year-over-year
increase of 19.84% in its advances, surpassing its five-year compounded annual
growth rate (CAGR) of 11.49%
Recommended stocks on – 12.01.2024
(4) NIFTY
-
Ø Buy price :
21770
Ø Strong Support :
21606
Ø Resistance price
: 21808 – 21939 - 22008
Reasons for Buy Recommended –
Technical analysis indicates a neutral positive outlook with a target price
above current levels.
Recommended stocks on – 12.01.2024
(5) KOTAK BANK -
Ø Buy price : 1740
Ø Strong Support : 1680
Ø Resistance price : 1757 - 1764 - 1770
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
(6) HAVELLS -
Ø Buy price : 1350 & 1320
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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