Rationale report - 11.10.2024

Recommended stocks on – 11.10.2024

  (1) ACC LTD -

Ø Buy price : 2303

Ø Strong Support : 2288

Ø Resistance price : 2374

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 – 11.10.2024

  (2)  AURO. PHARMA -

Ø Buy price : 1480

Ø Strong Support : 1470

Ø Resistance price : 1508

Reasons for Buy Recommended –

Aurobindo Pharma has a strong track record of earnings growth.

Its focus on expanding in the U.S. generics market and increasing its Active Pharmaceutical Ingredients (API) business offers growth potential.

MACD shows signs of stabilization, with a possibility of a bullish crossover.

The global push for generics and increasing healthcare demand favor companies like Aurobindo Pharma.