Recommended stocks on – 28.11.2024
(1) HDFC LIFE -
Ø Buy price : 650
Ø Strong Support : 630
Ø Resistance price : 673 – 680 – 694 – 707
Reasons for Buy Recommended –
Reasons for Buy Recommended – HDFC Life may still be a strong pick due to its growth potential and leadership in the insurance industry.
HDFC Life is one of India's leading life insurance providers with a robust distribution network and a diversified product portfolio.
Recommended stocks on – 27.11.2024
(1) HAVELLS INDIA -
Ø Buy price : 1700
Ø Strong Support : 1660
Ø Resistance price : 1723 – 1733 - 1740
Reasons for Buy Recommended –
Havells India is fundamentally strong, but for short-term investment.
Havells India Ltd. is a leading player in the electrical equipment manufacturing sector in India, with a strong brand presence and a diverse product portfolio.
Any announcements related to government infrastructure spending or increased demand for electrical goods could drive short-term gains.
HAVELLS INDIA -
Ø Buy price : 1700
Ø Strong Support : 1660
Ø Resistance price : 1723 – 1733 - 1740
Reasons for Buy Recommended –
Havells India is fundamentally strong, but for short-term investment.
Havells India Ltd. is a leading player in the electrical equipment manufacturing sector in India, with a strong brand presence and a diverse product portfolio.
Any announcements related to government infrastructure spending or increased demand for electrical goods could drive short-term gains.
Recommended stocks on – 21.11.2024
(1) STATE BANK OF INDIA -
Ø Buy price : 767
Ø Strong Support : 744
Ø Resistance price : 784 – 790 - 800
Reasons for Buy Recommended –
SBI's extensive network and diversified services position it favorably in the Indian banking sector.
The bank's Gross Non-Performing Assets (NPA) ratio has improved, declining to 2.24%, and the Net NPA ratio has decreased to 0.57%, indicating better asset quality.
SBI reported a year-on-year increase of 15.8% in its advances, surpassing its 5-year Compound Annual Growth Rate (CAGR) of 9.77%.
(1) ADANI ENTERPRISES -
Ø Buy price : 2200
Ø Strong Support : 2150
Ø Resistance price : 2233 – 2247 – 2260 - 2280
Reasons for Buy Recommended –
AEL has seen upward momentum following positive news, such as new project developments and favorable market conditions.
The company has taken steps to reduce debt across group companies, enhancing financial stability.
Institutional investors and long-term growth prospects remain robust, especially in infrastructure and renewables.
ACC LTD -
Ø Buy price : 2203 & 2196
Ø Strong Support : 2160
Ø Resistance price : 2227 - 2240
Reasons for Buy Recommended –
ACC Limited is a prominent player in India's cement industry.
ACC anticipates improved demand in the second half of FY25, driven by post-monsoon construction and housing activities.
While ACC demonstrates resilience with revenue growth and an optimistic demand outlook.
Recommended stocks on – 13.11.2024
(1) GODREJ PROP. -
Ø Buy price : 2565
Ø Strong Support : 2525
Ø Resistance price : 2590 – 2603 - 2620
Reasons for Buy Recommended –
GPL's strong brand and diversified project portfolio position it well to capitalize on India's growing real estate market.
The significant increase in net profit and total income demonstrates robust operational performance.
Recommended stocks on – 13.11.2024
GODREJ PROP. -
Ø Buy price : 2565
Ø Strong Support : 2525
Ø Resistance price : 2590 – 2603 - 2620
Reasons for Buy Recommended –
GPL's strong brand and diversified project portfolio position it well to capitalize on India's growing real estate market.
The significant increase in net profit and total income demonstrates robust operational performance.
ACC LTD -
Ø Buy price : 2266
Ø Strong Support : 2220
Ø Resistance price : 2294 - 2303
Reasons for Buy Recommended –
ACC Limited is a prominent player in India's cement industry.
ACC anticipates improved demand in the second half of FY25, driven by post-monsoon construction and housing activities.
While ACC demonstrates resilience with revenue growth and an optimistic demand outlook.
Recommended stocks on – 05.11.2024
ICICI BANK -
Ø Buy price : 1277
Ø Strong Support : 1250
Ø Resistance price : 1293 - 1303
Reasons for Buy Recommended –
While technical indicators currently
suggest a bullish trend.
Recommended stocks on – 01.11.2024
GODREJ CP. -
Ø Buy price : 1270
Ø Strong Support : 1260
Ø Resistance price : 1294 – 1303 – 1313
Reasons for Buy Recommended –
The stock recently saw a bullish crossover, with its 50-day Exponential Moving Average (EMA) moving above the stock price, suggesting positive momentum in the short term.
As of the latest data, the stock seems to be hovering near a key support level, and a continued upward trend is possible if it holds above that range.
