Rationale report - 31.01.2025
Recommended stocks on – 31.01.2025
(1) TATA CHEMICLS -
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Buy price : 975
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Strong Support : 950
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Resistance price : 993 -1003
Reasons for Buy Recommended –
Chart signals a
bullish trend, it suggests the potential for an upward movement in the short
term.
Recommended stocks on – 30.01.2025
(1) ACC -
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Buy price : 1973
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Strong Support : 1940
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Resistance price : 1993
Reasons for Buy Recommended –
Given the current bearish indicators
and recent downward trend, ACC Limited may not be an ideal short-term buy at
this moment. However, the oversold RSI indicates a potential for a short-term
rebound.
Recommended stocks on – 22.01.2025
(2) GODREJ PROP. -
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Buy price : 2208
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Strong Support : 2170
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Resistance price : 2247 – 2263 - 2270
Reasons for Buy Recommended –
A breakout above this level could signal a more
significant bullish move.
MAHANAGR GAS -
Ø Buy price : 1260
Ø Strong Support : 1230
Ø Resistance price : 1283 - 1290 - 1300
Reasons for Buy Recommended –
A breakout above this level could signal a more significant bullish move.
Recommended stocks on – 27.01.2025
MAHANAGR GAS -
Ø Buy price : 1260
Ø Strong Support : 1230
Ø Resistance price : 1283 - 1290 - 1300
Reasons for Buy Recommended –
A breakout above this level could signal a more
significant bullish move.
Recommended stocks on – 22.01.2025
(1) GODREJ PROPERTY -
Ø Buy price : 2208
Ø Strong Support : 2170
Ø Resistance price : 2247 -2263
Reasons for Buy Recommended –
Godrej property short-term outlook
appears bullish.
The prevailing technical indicators
and consensus suggest a bullish short-term outlook for Godrej property.
Recommended stocks on – 22.01.2025
(1) GODREJ PROPERTY -
Ø Buy price : 2208
Ø Strong Support : 2170
Ø
Resistance price : 2247 - 2263
Reasons for Buy Recommended –
Godrej property short-term outlook
appears bullish.
The prevailing technical indicators
and consensus suggest a bullish short-term outlook for Godrej property.
Recommended stocks on
– 20.01.2025
ACC LTD -
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Buy price : 1986
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Strong Support : 1950
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Resistance price : 2003 - 2013 - 2020
Reasons for Buy Recommended –
The short-term outlook
for ACC Ltd. appears bullish.
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 – 13.01.2025
GODREJ CP. -
Ø Buy price : 1166
Ø Strong Support : 1144
Ø Resistance price : 1184 - 1190
Reasons for Buy Recommended –
The stock appears fairly valued, trading in the lower range of its historical trend, potentially offering a buying opportunity if it rebounds.
FMCG is typically a defensive sector, performing well even in volatile markets.
GCPL benefits from strong brand equity and a diverse portfolio in personal care and household products.
Recent reports suggest strong volume growth, especially in domestic markets, which supports revenue stability.
Recommended stocks on
– 15.01.2025
(1) KOTAK MAHINDRA BANK -
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Buy price : 1775
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Strong Support : 1750
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Resistance price : 1797 – 1808
Reasons for Buy Recommended –
stock performance suggest potential for short-term gains.
The stock is trading above its 50-day Exponential Moving Average (EMA) of ₹1,789.60, indicating a
potential bullish trend.
The 14-day RSI is at 60.50, suggesting that the stock is approaching
overbought territory but still has room for upward movement.
Implementing stop-loss orders and setting clear profit targets can help
manage potential risks associated with short-term trading.
Recommended stocks on
– 09.01.2025
(2) ACC LTD -
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Buy price : 1977 & 1950
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Strong Support : 1933
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Resistance price : 1993 - 2003 - 2020
Reasons for Buy Recommended –
ACC's stock has declined by approximately 12.58% over the past month and
14.70% over the past year, reflecting a bearish trend.
Relative Strength Index (RSI): The 14-day RSI is at 22.80, indicating
that the stock is in oversold territory, which may suggest a potential buying
opportunity.
Short-Term (5-day SMA): The stock is trading below its 5-day
Simple Moving Average (SMA) of ₹1,958.16, indicating a bearish trend.
Medium-Term (50-day SMA): It is also below the 50-day SMA of ₹2,164.27, reinforcing the
bearish sentiment.
The low RSI suggests that the stock may be oversold, potentially
indicating a reversal or a short-term buying opportunity.
Recommended stocks on
– 06.01.2025
(3) ACC LTD -
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Buy price : 1988
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Strong Support : 1960
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Resistance price : 2008 – 2023 - 2057
Reasons for Buy Recommended –
(4) ACC LTD -
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Buy price : 2035
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Strong Support : 1988
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Resistance price : 2057 - 2064
Reasons for Buy Recommended –
while certain technical indicators suggest
recent bullish candlestick patterns and strong financial performance have led
to a positive outlook .
Recommended stocks on
– 15.01.2025
(1) KOTAK MAHINDRA BANK -
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Buy price : 1775
Ø
Strong Support : 1750
Ø
Resistance price : 1797 - 1808
stock performance suggest potential for short-term gains.
The stock is trading above its 50-day Exponential Moving Average (EMA) of ₹1,789.60, indicating a
potential bullish trend.
The 14-day RSI is at 60.50, suggesting that the stock is approaching
overbought territory but still has room for upward movement.
Implementing stop-loss orders and setting clear profit targets can help
manage potential risks associated with short-term trading.
Recommended stocks on
– 15.01.2025
(2) MAHANAGAR GAS -
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Buy price : 1276
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Strong Support : 1250
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Resistance price : 1293 – 1303 - 1313
Short-Term (10-day EMA): The stock is trading above its 10-day
Exponential Moving Average (EMA) of ₹1,264.19, indicating a potential
short-term bullish trend.
Medium-Term (50-day EMA): It is below the 50-day EMA of ₹1,326.75, suggesting
caution for medium-term traders.
Morgan Stanley has projected a 31% upside on MGL shares, citing strong
volume growth and positioning natural gas as the fuel of the future for Mumbai.
While the short-term moving average suggests a potential buying opportunity,
the bearish MACD and neutral RSI indicate that caution is warranted.
Recommended stocks on – 13.01.2025
(3) MUTHOOT FINANCE -
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Buy price : 2120 & 2088
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Strong Support : 2073
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Resistance price : 2148 – 2153 - 2160
Reasons for Buy Recommended –
stock performance suggest potential for short-term gains.
Short-Term (10-day EMA): The stock is trading above its 10-day Exponential
Moving Average (EMA) of ₹2,171.29, indicating a potential short-term bullish trend.
Medium-Term (50-day EMA): Similarly, it is above the 50-day EMA of ₹2,041.73, reinforcing the
bullish sentiment.
The 14-day RSI is at 60.50, which is below the overbought threshold of 70,
suggesting that the stock is not currently overbought and may have room for
further upward movement.
Implementing stop-loss orders and setting clear profit targets can help
manage potential risks associated with short-term trading.
Recommended stocks on
– 13.01.2025
MUTHOOT FINANCE -
Ø
Buy price : 2120 & 2088
Ø
Strong Support : 2073
Ø
Resistance price : 2148 – 2153 - 2160
Reasons for Buy Recommended –
stock performance suggest potential for short-term gains.
Short-Term (10-day EMA): The stock is trading above its 10-day Exponential
Moving Average (EMA) of ₹2,171.29, indicating a potential short-term bullish trend.
Medium-Term (50-day EMA): Similarly, it is above the 50-day EMA of ₹2,041.73, reinforcing the
bullish sentiment.
The 14-day RSI is at 60.50, which is below the overbought threshold of 70,
suggesting that the stock is not currently overbought and may have room for
further upward movement.
Implementing stop-loss orders and setting clear profit targets can help
manage potential risks associated with short-term trading.
Recommended stocks on – 13.01.2025
(1) MUTHOOT FINANCE -
Ø Buy price : 2120
Ø Strong Support : 2073
Ø Resistance price : 2148 – 2153 - 2160
Reasons for Buy Recommended –
stock performance suggest potential for short-term gains.
Short-Term (10-day EMA): The stock is trading above its 10-day Exponential Moving Average (EMA) of ₹2,171.29, indicating a potential short-term bullish trend.
Medium-Term (50-day EMA): Similarly, it is above the 50-day EMA of ₹2,041.73, reinforcing the bullish sentiment.
The 14-day RSI is at 60.50, which is below the overbought threshold of 70, suggesting that the stock is not currently overbought and may have room for further upward movement.
Implementing stop-loss orders and setting clear profit targets can help manage potential risks associated with short-term trading.
