Tuesday, April 30, 2024

Rationale report - 30.04.2024



Recommended stocks on – 30.04.2024

(1)  BALKRISHNA IND. -

Ø Buy price : 2398 & 2375

Ø Strong Support : 2360

Ø Resistance price : 2390 – 2404 – 2418 - 2420

   Reasons for Buy Recommended –

Chart signals a bullish trend, it suggests the potential for an upward movement in the short term. 



Recommended stocks on – 07.05.2024

(2)  RELIANCE -

Ø Buy price : 2960 & 2929

Ø Strong Support : 2909

Ø Resistance price : 2953 – 2960 - 2974 - 2990

   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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