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.

 Recommended stocks on – 24.06.2024

  (2)  STATE BANK OF INDIA -

Ø Buy price : 826

Ø Strong Support : 790

Ø Resistance price : 844 – 853 - 860

Reasons for Buy Recommended –

while certain technical indicators suggest recent bullish candlestick patterns and strong financial performance have led to a positive outlook .