Recommended stocks on – 16.02.2024
(1) HDFC
LIFE -
Ø Buy price : 588
Ø Strong Support :
560
Ø Resistance price
: 606 – 614 - 620
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 – 15.02.2024
(2) LUPIN -
Ø Buy price : 1626 & 1600
Ø Strong Support : 1588
ØResistance price : 1626
-1644 -1650
Reasons for Buy Recommended –
Lupin Limited's strong profit growth
and recent regulatory approvals position it well for future expansion.
The company has delivered a modest
sales growth of 6.41% over the past five years, which may be a point of concern
for growth-focused investors.
Over the past three years, Lupin has
achieved a commendable profit growth rate of 22.72%.The company has
significantly decreased its debt by ₹595.33 crore, indicating improved
financial health.
Recommended
stocks on – 13.01.2024
(3) INFOSYS -
Ø Buy price : 1683
Ø Strong Support : 1644
ØResistance price : 1696
- 1707
Reasons for Buy Recommended –
Technical analysis indicates a neutral positive outlook with a target price above current levels.
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