Recommended stocks on – 07.08.2024
(1) GODREJ PROP. -
Ø Buy price : 2960
Ø Strong Support : 2919
Ø Resistance price : 2988 – 2994 – 3003 - 3017
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 – 07.08.2024
(2) INDUSIND BANK -
Ø Buy price : 1350
Ø Strong Support : 1323
Ø Resistance price : 1367 – 1373 – 1380 – 1393 - 1400
Reasons for Buy Recommended –
The bank continues to invest in digital banking, which could drive operational efficiency and customer acquisition in the long term.
The stock is currently trading at an attractive valuation, with a Price-to-Book ratio lower than some of its peers, making it appealing for investors.
Recommended stocks on – 06.08.2024
(3) ACC LTD -
Ø Buy price : 2360
Ø Strong Support : 2303
Ø Resistance price : 2388 - 2404
Reasons for Buy Recommended –
Given the current bearish indicators
and recent downward trend, ACC Limited may not be an ideal short-term buy at
this moment. However, the oversold RSI indicates a potential for a short-term
rebound.
Recommended stocks on – 29.07.2024
(4) INDUSIND BANK -
Ø Buy price : 1380
Ø Strong Support : 1323
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
(5) GODREJ CP. -
Ø Buy price : 1470
Ø Strong Support : 1417
Ø Resistance price : 1494 - 1508
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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