Thursday, August 29, 2024

Rationale report - 29.08.2024


Recommended stocks on – 27.08.2024

(1) GUJARAT GAS -

Ø Buy price : 600

Ø Strong Support : 560

Ø Resistance price : 618 -624 -630

Reasons for Buy Recommended –

Futures data shows a increase in futures price accompanied by an increase in open interest, suggesting potential positive price movement in the coming days.

Recommended stocks on – 19.08.2024

(2) ICICI BANK -

Ø Buy price : 1180

Ø Strong Support : 1088

Ø Resistance price : 1208 – 1220 – 1233 - 1240

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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