Recommended
stocks on – 09.04.2024
(1) RELIANCE -
Ø Buy price : 2960
Ø Strong Support : 2909
Ø Resistance price : 2988 - 2994
Reasons for Buy Recommended –
while certain technical indicators suggest
recent bullish candlestick patterns and strong financial performance have led
to a positive outlook .
Recommended stocks on – 09.04.2024
(2) ACC -
Ø Buy price : 2530
Ø Strong Support : 2508
Ø Resistance price : 2560 – 2588 - 2606 - 2620
Reasons for Buy Recommended –
Given the current bearish indicators
and recent downward trend, ACC Limited may not be an ideal short-term buy at
this moment. However, the oversold RSI indicates a potential for a short-term
rebound.
Recommended stocks on – 04.04.2024
(3) GRASIM -
Ø Buy price : 2308 & 2308
Ø Strong Support : 2250
Ø Resistance price : 2290 – 2303 – 2333 - 2350
Reasons for Buy Recommended –
Grasim maintains a healthy balance
sheet with prudent capital allocation strategies. Cash flow generation from
core businesses ensures the ability to fund growth initiatives.
Grasim has a history of rewarding
shareholders with consistent dividends, adding to its long-term attractiveness.
Recommended
stocks on – 02.04.2024
(4) SBIN -
Ø Buy price : 757
Ø Strong Support : 707
Ø Resistance price : 777 - 784
Reasons for Buy Recommended –
Technical indicators suggest a bullish short-term trend.
Recommended
stocks on – 02.04.2024
(5) SBIN -
Ø Buy price : 760
Ø Strong Support : 744
Ø Resistance price : 773 - 780
Reasons for Buy Recommended –
Futures data shows a increase in futures price
accompanied by an increase in open interest, suggesting potential positive
price movement in the coming days.
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