Friday, October 25, 2024

Rationale report - 25.10.2024


Recommended stocks on – 25.10.2024

     BALKRISHNA IND. -

Ø Buy price : 2870

Ø Strong Support : 2860

Ø Resistance price : 2934 - 2950

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.

No comments:

Post a Comment