Recommended
stocks on – 01.03.2024
(1) KOTAK BANK -
Ø Buy price : 1707
Ø Strong Support :
1650
Ø Resistance price : 1723 - 1730
Reasons
for Buy Recommended –
Strong Fundamentals - Kotak Mahindra Bank
has a robust capital adequacy ratio (CAR), often exceeding regulatory
requirements.Low Non-Performing Assets (NPAs) compared to peers, indicating
effective risk management. Strong retail and corporate loan portfolio
diversification reduces risk.
Recommended stocks on – 27.02.2024
(2) GUJARAT
GAS -
Ø Buy price : 568
& 550
Ø Strong Support :
540
Ø Resistance price
: 583 – 590 - 600
Reasons for Buy Recommended –
Gujarat Gas appears to be a
promising investment, especially for investors looking to benefit from India's
clean energy transition. If you're bullish on the CGD sector and natural gas
demand, accumulating the stock at lower levels with a long-term horizon can be
a good strategy.
Consistent revenue and profit growth
over the years. Healthy return ratios (ROCE and ROE), and robust cash flows.
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