(1) BALKRISHNA IND. -
Ø Buy price : 2960
Ø Strong Support : 2880
Ø Resistance price : 2990 – 3003 – 3013 - 3020
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) GODREJ CP.-
Ø Buy price : 1460
Ø Strong Support : 1424
Ø Resistance price : 1478 – 1484 – 1490 -1510
Reasons for Buy Recommended –
Chart signals a bullish trend, it suggests the
potential for an upward movement in the short term.
Recommended stocks on – 04.09.2024
(3) RADHIKA JWELLERS -
Ø Buy price : 107
Ø Strong Support : 70
Ø Resistance price : 128 – 140 – 155 - 170
Reasons for Buy Recommended –
The company has demonstrated a profit growth of 48.8% CAGR over the last five years, highlighting its expansion capabilities.
Over the past six months, the share price has increased by approximately 76.88%, indicating strong momentum.
(P/B) Ratio 4.43, indicating a higher valuation relative to the company's net assets.
Recommended stocks on – 29.08.2024
(4) KOTAK BANK -
Ø Buy price : 1777
Ø Strong Support : 1750
Ø Resistance price : 1808 – 1824 – 1833 -1840
Reasons for Buy Recommended –
Technical analysis indicates a neutral positive outlook with a target price
above current levels.
No comments:
Post a Comment