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.

Recommended stocks on – 11.07.2024

 (2)  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 – 29.06.2024

  (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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