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.

Recommended stocks on – 25.07.2024

 (2)  AXIS BANK -

Ø Buy price : 1170

Ø Strong Support : 1114

Ø Resistance price : 1193 - 1208

Reasons for Buy Recommended –

While technical indicators currently suggest a bullish trend.

Recommended stocks on – 16.07.2024

 (3)  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 – 11.07.2024

 (4)  TATA CHEMICALS -

Ø Buy price : 1070

Ø Strong Support : 1017

Ø Resistance price : 1088 – 1094 - 1103

Reasons for Buy Recommended –

The short-term outlook for Tata Chemicals appears bullish

 the long-term prospects for Tata Chemicals remain positive, current technical indicators suggest a  bullish trend in the short term.

While Tata Chemicals has a strong market position and is making strategic advancements.

Recommended stocks on – 02.07.2024

 (5)  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.

Recommended stocks on – 02.07.2024

 (6)  BHARTI AIRTEL -

Ø Buy price : 1430

Ø Strong Support : 1414

Ø Resistance price : 1447 – 1460 – 1474 – 1488 – 1494 - 1508

Reasons for Buy Recommended –

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