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.


Recommended stocks on – 28.06.2024

  (2)  NIFTY ( 29 AUG. CE 25000 ) -

Ø Buy price : 190

   Reasons for Buy Recommended –

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

Recommended stocks on – 27.06.2024

  (3)  RAMCO CEMENT -

Ø Buy price : 808

Ø Resistance price : 824 – 835 - 848

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.

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