Rationale report - 10.06.2024

 Recommended stocks on – 07.06.2024

  (1)  HDFC LIFE -

Ø Buy price : 560

Ø Strong Support : 535

Ø Resistance price : 574 – 580 – 594 - 533

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 – 25.04.2024

  (2)  RAMCO CEMENT -

Ø Buy price : 787

Ø Strong Support : 767

Ø Resistance price : 808 – 813 - 820 – 833 - 840

Reasons for Buy Recommended –

The short-term outlook for The Ramco Cements Ltd. appears

 Bullis.

 The long-term prospects for The Ramco Cements Ltd. remain positive, current technical indicators suggest a  bullish trend in the short term.