Monday, July 29, 2024

Rationale report - 29.07.2024


Recommended stocks on – 25.07.2024

 (1)  AXIS BANK -

Ø Buy price : 1170

Ø Strong Support : 1114

Ø Resistance price : 1193 - 1208

Reasons for Buy Recommended –

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

Friday, July 26, 2024

Rationale report - 26.07.2024


Recommended stocks on – 25.07.2024

 (1)  GODREJ CP -

Ø Buy price : 1470

Ø Strong Support : 1417

Ø Resistance price : 1494 - 1508

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.

Thursday, July 18, 2024

Rationale report - 18.07.2024


Recommended stocks on – 16.07.2024

 (1)  KOTAK BANK -

Ø Buy price : 1818

Ø Strong Support : 1760

Ø Resistance price : 1838 – 1853 - 1860

Reasons for Buy Recommended –

Kotak bank has a strong market position and is making strategic advancements.

Kotak bank short-term outlook for appears bullish.

Recommended stocks on – 02.07.2024

 (2)  BHARTI AIRTEL -

Ø Buy price : 1460

Ø Strong Support : 1424

Ø Resistance price : 1488 – 1494 - 1508

Reasons for Buy Recommended –

Bharti Airtel Ltd. exhibits a bullish short-term outlook.

The MACD line is at 6.58, above the Signal Line at 2.10, suggesting bullish momentum.

Friday, July 12, 2024

Rationale report - 12.07.2024




 Recommended stocks on – 05.07.2024

  (1)  INFOSYS -

Ø Buy price : 1650

Ø Strong Support : 1620

Ø Resistance price : 1666 – 1674 - 1680

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.

Wednesday, July 10, 2024

Rationale report - 10.07.2024



 Recommended stocks on – 08.07.2024

  (1)  BALKRISHNA IND. -

Ø Buy price : 3160 & 3130

Ø Strong Support : 3113

Ø Resistance price : 3173 – 3188 – 3203 - 3220

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.

Tuesday, July 9, 2024

Rationale report - 09.07.2024


Recommended stocks on – 08.07.2024

  (1)  BALKRISHNA IND. -

Ø Buy price : 3160 & 3130

Ø Strong Support : 3113

Ø Resistance price : 3173 – 3188 – 3203 - 3220

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.


Rationale report - 08.07.2024



Recommended stocks on – 08.07.2024

  (1)  BALKRISHNA IND. -

Ø Buy price : 3130

Ø Strong Support : 3113

Ø Resistance price : 3173 – 3188 – 3203 - 3220

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.

Friday, July 5, 2024

Rationale report - 05.07.2024


Recommended stocks on – 05.07.2024

  (1)  INFOSYS -

Ø Buy price : 1650

Ø Strong Support : 1620

Ø Resistance price : 1666 – 1674 - 1680

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Rationale report - 04.07.2024


Recommended stocks on – 03.07.2024

 (1)  GODREJ CP -

Ø Buy price : 1370

Ø Strong Support : 1317

Ø Resistance price : 1388 – 1397 - 1404

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Wednesday, July 3, 2024

Rationale report - 03.07.2024



 Recommended stocks on – 02.07.2024

 (1)  KOTAK BANK -

Ø Buy price : 1757

Ø Strong Support : 1730

Ø Resistance price : 1773 – 1790 - 1808

Reasons for Buy Recommended –

Kotak bank has a strong market position and is making strategic advancements.

Kotak bank short-term outlook for appears bullish.

Tuesday, July 2, 2024

Rationale report - 02.07.2024

Recommended stocks on – 02.07.2024

 (1)  KOTAK BANK -

Ø Buy price : 1757

Ø Strong Support : 1730

Ø Resistance price : 1773 – 1790 - 1808

Reasons for Buy Recommended –

Kotak bank has a strong market position and is making strategic advancements.

Kotak bank short-term outlook for appears bullish.

Monday, July 1, 2024

Rationale report - 01.07.2024


Recommended stocks on – 27.06.2024

 (1)  GODREJ CP -

Ø Buy price : 1366

Ø Resistance price : 1383 – 1390 – 1404

  Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.