Thursday, August 1, 2024

Rationale report - 01.08.2024



 Recommended stocks on – 01.08.2024

  (1)  ACC LTD -

Ø Buy price : 2500

Ø Strong Support : 2490

Ø Resistance price : 2525 – 2540 – 2550 - 2578

Reasons for Buy Recommended –

The short-term outlook for ACC Ltd. appears bullish.

ACC anticipates improved demand in the second half of FY25, driven by post-monsoon construction and housing activities.

While ACC demonstrates resilience with revenue growth and an optimistic demand outlook.

Recommended stocks on – 01.08.2024

  (2)  AXIS BANK -

Ø Buy price : 1170

Ø Strong Support : 1140

Ø Resistance price : 1188 - 1203

Reasons for Buy Recommended –

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

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