Monday, November 4, 2024

Rationale report - 04.11.2024


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.

 

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