Thursday, May 23, 2024

Rationale report - 23.05.2024


Recommended stocks on – 21.05.2024

(1) HDFC BANK -

Ø Buy price : 1464

Ø Strong Support : 1430

Ø Resistance price : 1484 - 1494 - 1500

   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.

Recommended stocks on – 17.05.2024

(1) HDFC BANK -

Ø Buy price : 1460

Ø Strong Support : 1424

Ø Resistance price : 1447 - 1484 - 1493 - 1500

   Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 07.05.2024

(3) INDUSIND BANK -

Ø Buy price : 1450

Ø Strong Support : 1440

Ø Resistance price : 1484

   Reasons for Buy Recommended –

IndusInd Bank's short-term outlook appears bullish.

 The prevailing technical indicators and consensus suggest a bullish short-term outlook for IndusInd Bank.


Recommended stocks on – 03.05.2024

(4) RELIANCE IND. -

Ø Buy price : 2900

Ø Strong Support : 2880

Ø Resistance price : 2960 – 2974 - 2980

   Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Recommended stocks on – 02.05.2024

(5) RELIANCE IND. -

Ø Buy price : 2960

Ø Strong Support : 2909

Ø Resistance price : 2977 - 2984

   Reasons for Buy Recommended –

Reliance short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for Reliance.

No comments:

Post a Comment