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.

Recommended stocks on – 05.07.2024

  (2)  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.

Recommended stocks on – 28.06.2024

  (3)  NIFTY ( 29 AUG. CE 25000 ) -

Ø Buy price : 190 

  Reasons for Buy Recommended –

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