Tuesday, September 17, 2024

Rationale report - 17.09.2024


Recommended stocks on – 17.09.2024

    BALKRISHNA IND. -

Ø Buy price : 3063

Ø Strong Support : 3017

Ø Resistance price : 3093 - 3103

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 – 16.09.2024

    BALKRISHNA IND. -

Ø Buy price : 3063

Ø Strong Support : 3017

Ø Resistance price : 3097 - 3103

Reasons for Buy Recommended –

While technical indicators currently suggest a bullish trend.

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