Wednesday, March 6, 2024

Rationale report - 06.03.2024


Recommended stocks on – 06.03.2024

(1)  INFOSYS -

Ø Buy price : 1600

Ø Strong Support : 1570

Ø Resistance price : 1623 - 1630

   Reasons for Buy Recommended –


Recommended stocks on – 05.03.2024

(2)  MUTHOOT FIN. -

Ø Buy price : 1360

Ø Strong Support : 1290

Ø Resistance price : 1383 – 1390 - 1404

   Reasons for Buy Recommended –

Recommended stocks on – 04.03.2024

(3)  KOTAK BANK -

Ø Buy price : 1737

Ø Strong Support :  1688

Ø Resistance price : 1777 – 1784 - 1790

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.

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