Rationale report - 02.08.2024

Recommended stocks on – 29.07.2024

  (1)  INDUSIND BANK -

Ø Buy price : 1404

Ø Strong Support : 1373

Ø Resistance price : 1467 – 1474 – 1490 - 1500

Reasons for Buy Recommended –

IndusInd Bank's short-term outlook appears bullish.

 The prevailing technical indicators and consensus suggest a bullish short-term outlook for IndusInd Bank.

Recommended stocks on – 25.07.2024

  (2)  GODREJ CP -

Ø Buy price : 1470

Ø Strong Support : 1417

Ø Resistance price : 1494 - 1508

Reasons for Buy Recommended –

while certain technical indicators suggest recent bullish candlestick patterns and strong financial performance have led to a positive outlook .

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.