Monday, October 28, 2024

Rationale report - 28.10.2024


 Recommended stocks on – 25.10.2024

     BALKRISHNA IND. -

Ø Buy price : 2900 & 2870

Ø Strong Support : 2860

Ø Resistance price : 2934 - 2950

Reasons for Buy Recommended –

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.

Balkrishna Industries is a leader in the niche tyre segment for heavy machinery used in mining and agriculture.



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