Tuesday, October 29, 2024

Rationale report - 29.10.2024


Recommended stocks on – 29.10.2024

  (1) BALKRISHNA IND. -

Ø Buy price : 2870

Ø Strong Support : 2860

Ø Resistance price : 2937 - 2950

Reasons for Buy Recommended –

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.

The stock is consolidating, with lower volatility. A breakout from this range could trigger short-term price action.

Recommended stocks on – 29.10.2024

  (2) AURO. PHARMA -

Ø Buy price : 1400

Ø Strong Support : 1370

Ø Resistance price : 1417 - 1424

Reasons for Buy Recommended –

Chart signals a bullish trend, it suggests the potential for an upward movement in the short term. 

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