Monday, September 30, 2024

Rationale report - 30.09.2024


Recommended stocks on – 30.09.2024

  (1) ACC LTD -

Ø Buy price : 2505

Ø Strong Support : 2460

Ø Resistance price : 2533 - 2540

Reasons for Buy Recommended –

ACC Limited is a prominent player in India's cement industry.

While ACC demonstrates resilience with revenue growth and an optimistic demand outlook.

Recommended stocks on – 25.09.2024

(2) GUJARAT GAS -

Ø Buy price : 613 & 600

Ø Strong Support : 593

Ø Resistance price : 627 – 633 - 640

Reasons for Buy Recommended –

Technical indicators suggest a bullish short-term trend.


Recommended stocks on – 30.09.2024

  (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 – 01.09.2024

  (4) ACC LTD -

Ø Buy price : 2555

Ø Strong Support : 2490

Ø Resistance price : 2578 – 2593 – 2606 - 2633

Reasons for Buy Recommended –

ACC Limited is a prominent player in India's cement industry.

While ACC demonstrates resilience with revenue growth and an optimistic demand outlook.

No comments:

Post a Comment