Recommended stocks on – 25.09.2024
(1) BALKRISHNA IND. ( CE 3100 OCT 24 ) -
Ø Buy price : 80
Chart signals a bullish trend, it suggests the
potential for an upward movement in the short term.
Recommended stocks on – 25.09.2024
(2) BALKRISHNA IND. -
Ø Buy price : 3030
Ø Strong Support : 2980
Ø Resistance price : 3063 -3070
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 – 25.09.2024
(3) ICICI BANK -
Ø Buy price : 1316
Ø Strong Support : 1288
Ø Resistance price : 1333 - 1340
Reasons for Buy Recommended –
A breakout above this level could signal a more
significant bullish move.
Recommended stocks on – 20.09.2024
(4) ACC LTD -
Ø Buy price : 2440
Ø Strong Support : 2380
Ø Resistance price : 2474 – 2488 – 2503 -2520
Reasons for Buy Recommended –
while certain technical indicators suggest
recent bullish candlestick patterns and strong financial performance have led
to a positive outlook .
Recommended stocks on – 18.09.2024
(5) TATA CHEMICALS -
Ø Buy price : 1030
Ø Strong Support : 1020
Ø Resistance price : 1047 -1064 -1083 -1090
Reasons for Buy Recommended –
Tata Chemicals is well-positioned for long-term growth due to its diversified portfolio, expansion into green chemistry, and stable financials.
Rising demand for specialty chemicals in batteries, agriculture, and healthcare could boost revenue.
A bullish crossover is forming, indicating potential upward momentum.
Recommended stocks on – 12.09.2024
(6) STATE BANK OF INDIA -
Ø Buy price : 777
Ø Strong Support : 744
Ø Resistance price : 793 - 808
Reasons for Buy Recommended –
SBI has demonstrated resilience, outperforming competitors on strong trading days.
MACD (Moving Average Convergence Divergence) Bullish crossover detected, indicating potential upward momentum.
Strong quarterly results with growth in net profit and reduced non-performing assets (NPAs) have boosted investor confidence.
No comments:
Post a Comment