(1) M & M -
Ø Buy price : 1858
Ø Strong Support :
1830
Ø Resistance price : 1874 - 1880
Reasons
for Buy Recommended –
Mahindra
& Mahindra appears bullish for the long term due to its strong
fundamentals, leadership in key sectors, EV plans, and alignment with growth
trends in India’s economy
M&M has a strong balance sheet, with
manageable debt levels, supporting its growth initiatives.
Recommended
stocks on – 26.03.2024
(2) KOTAK BANK -
Ø Buy price : 1768
Ø Strong Support :
1737
Ø Resistance price : 1783 – 1790 - 1800
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.
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 – 04.03.2024
(3) RAMCO CEMENT -
Ø Buy price : 800
Ø Strong Support : 740
Ø Resistance price : 823 - 830 - 844 – 850 - 864
Reasons for Buy Recommended –
The Indian government's increased focus on infrastructure development through projects like Bharatmala, Sagarmala, and the Smart Cities Mission will drive demand for cement. Public spending on roads, highways, and metro rail systems directly benefits companies like Ramco.
Government programs like Pradhan Mantri Awas
Yojana (PMAY) provide a steady demand for cement in rural and semi-urban areas.
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