Recommended stocks on – 04.09.2024
(1) BALKRISHNA IND. -
Ø Buy price : 2930
Ø Strong Support : 2860
Ø Resistance price : 2973 - 2993
Reasons for Buy Recommended –
Balkrishna Industries is a leader in
the niche tyre segment for heavy machinery used in mining and agriculture.
The stock is consolidating, with
lower volatility. A breakout from this range could trigger short-term price
action.
Balkrishna Industries could be a
good short-term buy.
Recommended stocks on – 04.09.2024
(2) ACC LTD -
Ø Buy price : 2330
Ø Strong Support : 2260
Ø Resistance price : 2363 - 2370 - 2384 - 2390 - 2404
Reasons for Buy Recommended –
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 – 04.09.2024
(3) GODREJ CP.-
Ø Buy price : 1460
Ø Strong Support : 1424
Ø Resistance price : 1478 – 1484 – 1490 -1510
Reasons for Buy
Recommended –
A breakout above this level could signal a more significant bullish move.


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