Rationale report - 31.07.2024

Recommended stocks on – 31.07.2024

  (1)  ACC LTD -

Ø Buy price : 2606

Ø Strong Support : 2550

Ø Resistance price : 2633 - 2640

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 – 31.07.2024

 (2)  JSW STEEL -

Ø Buy price : 908

Ø Strong Support : 870

Ø Resistance price : 924 - 930

Reasons for Buy Recommended –

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