Rationale report - 31.12.2024

Recommended stocks on – 31.12.2024

(1) ADANI PORTS -

Ø Buy price : 1228

Ø Strong Support : 1190

Ø Resistance price : 1247 – 1253 - 1260

Reasons for Buy Recommended –

APSEZ reported a 40% year-over-year increase in consolidated net profit to ₹24.45 billion for the July-September period.

Significant increase in net profit indicates robust operational performance. 

Considering the recent financial performance and positive analyst outlooks, APSEZ presents a compelling short-term investment opportunity.

Rationale report - 30.12.2024

Recommended  stocks on – 27.12.2024

   ACC LTD -

Ø Buy price : 2103 & 2070

Ø Strong Support : 2060

Ø Resistance price : 2124 – 2137 – 2144 - 2150

 Reasons for Buy Recommended –

ACC reported a 39% decline in net profit to ₹2.34 billion for the quarter ending September 30, 2024, surpassing analysts' expectations of ₹2.18 billion. Revenue from operations increased by 4% to ₹46.08 billion, while expenses rose by approximately 8% due to a 17% surge in input costs.

 The recent sharp decline in stock price indicates heightened volatility, which could present  opportunities for short-term investors.

Rationale report - 27.12.2024

 

Recommended  stocks on – 27.12.2024

   BHARTI AIRTEL -

Ø Buy price : 1618 / 1600

Ø Strong Support : 1580

Ø Resistance price : 1634 - 1640 

Reasons for Buy Recommended –

Airtel holds a strong position in the telecom market, with a growing customer base and high retention rates.

 Airtel's stock price has seen significant growth recently. Evaluate if the current price aligns with your investment strategy.

 Bharti Airtel has consistently reported strong revenue growth, supported by increased Average Revenue Per User (ARPU).

 With much of its capital expenditure on 5G infrastructure behind it, the company is expected to generate significant free cash flow.

Rationale report - 19.12.2024

Recommended  stocks on – 09.12.2024

(1) CIPLA LTD -

Ø Buy price :  1474 & 1460

Ø Strong Support : 1444

Ø Resistance price : 1494 - 1500 

Reasons for Buy Recommended –

Cipla's earnings growth and revenue trends remain strong, which could support short-term price recovery. this may indicate a buying opportunity.

Positive news in the pharma sector, regulatory approvals, or new drug launches could act as catalysts.

Rationale report - 13.12.2024

Recommended  stocks on – 12.12.2024

  MAHANAGAR GAS -

Ø Buy price : 1277 & 1260

Ø Strong Support : 1250

Ø Resistance price : 1294 - 1303

Reasons for Buy Recommended –

Mahanagar Gas appears to be bullish in the short term, with strong technical signals and positive fundamentals.

Indicates a mild bullish crossover, signaling potential upward movement.

MGL's strong cash flow and operational efficiency support its bullish outlook.

Rationale report - 12.12.2024

Recommended stocks on – 11.12.2024

   ADANI PORTS -

Ø Buy price : 1250

Ø Strong Support : 1208

Ø Resistance price : 1267 – 1274 -1280

Reasons for Buy Recommended –

APSEZ is India's largest private port operator.

Expansion into international markets, including its stake in Israel's Haifa Port and Colombo Port in Sri Lanka, provides growth opportunities.

The company has demonstrated consistent revenue and profit growth, driven by its diversified operations.

Rationale report - 11.12.2024

Recommended  stocks on – 06.12.2024

     ACC LTD -

Ø Buy price : 2265

Ø Strong Support : 2230

Ø Resistance price : 2288 - 2294 - 2303

Reasons for Buy Recommended –

 

Rationale report - 09.12.2024

Recommended  stocks on – 06.12.2024

    ACC LTD -

Ø Buy price : 2265

Ø Strong Support : 2230

Ø Resistance price : 2288

Reasons for Buy Recommended –

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

Rationale report - 06.12.2024

Recommended  stocks on – 04 .12.2024

   TATA CONSUMER  -

Ø Buy price : 963

Ø Strong Support : 930

Ø Resistance price : 983

   Reasons for Buy Recommended –

A diversified portfolio across beverages, foods, and wellness products provides stability.

The company is expanding its international presence and has been actively launching premium products.

FMCG is a defensive sector, performing well even during economic downturns, which adds stability to investments.

Rationale report - 05.12.2024

Recommended  stocks on – 04 .12.2024

  (1) MAHANAGAR GAS  -

Ø Buy price : 1277 & 1260

Ø Strong Support : 1230

Ø Resistance price : 1288 - 1294 - 1303

   Reasons for Buy Recommended –

while certain technical indicators suggest recent bullish candlestick patterns and strong financial performance have led to a positive outlook .

Rationale report - 03.12.2024

Recommended stocks on – 02.12.2024

(1) ADANI PORTS -

Ø Buy price : 1200

Ø Strong Support : 1150

Ø Resistance price : 1222 - 1230

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.

Rationale report - 02.12.2024

 

Recommended stocks on – 02.12.2024

(1) ADANI PORTS -

Ø Buy price : 1200

Ø Strong Support : 1150

Ø Resistance price : 1222 - 1230

Reasons for Buy Recommended –

A breakout above this level could signal a more significant bullish move.