Wednesday, September 11, 2024

Rationale report - 11.09.2024


 Recommended stocks on – 11.09.2024

  (1) INFOSYS -

Ø Buy price : 1915

Ø Strong Support : 1880

Ø Resistance price : 1929 – 1934 - 1940

Reasons for Buy Recommended –

Strong revenue and profit growth in the last quarter boost confidence in near-term performance.

MACD (Moving Average Convergence Divergence):

Shows a bullish crossover, suggesting potential upward movement.

The company maintains a strong balance sheet with consistent revenue growth and profitability.

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 –

Technical indicators suggest a bullish short-term trend.


Recommended stocks on – 29.08.2024

  (3)  KOTAK BANK -

Ø Buy price : 1777

Ø Strong Support : 1750

Ø Resistance price : 1808 – 1824 – 1833 -1840

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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