Friday, January 3, 2025

Rationale report - 03.01.2025


Recommended  stocks on – 31.12.2024

(1) ADANI PORTS -

Ø Buy price :1228

Ø Strong Support : 1190

Ø Resistance price : 1247

   Reasons for Buy Recommended –

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

Recommended  stocks on – 30.12.2024

(2) GUJARAT GAS -

Ø Buy price : 505

Ø Strong Support : 460

Ø Resistance price : 517 – 523 - 530

   Reasons for Buy Recommended –

The company reported revenue from operations of 4,615 crore, up from 3,924 crore in the same quarter the previous year. Standalone Profit After Tax (PAT) increased to 330 crore increased volumes.

Revenue Growth: Q1 FY25 revenue rose to 4,615 crore (vs. 3,924 crore YoY)

Lower spot gas prices contributed to higher margins.

Recommended  stocks on – 18.12.2024

(3) GODREJ CP. -

Ø Buy price : 1097 - 1080

Ø Strong Support : 1070

Ø Resistance price : 1017 - 1023 - 1030

   Reasons for Buy Recommended –

While technical indicators currently suggest a bullish trend.

Recommended  stocks on – 18.12.2024

(3) GODREJ CP. -

Ø Buy price : 1100

Ø Strong Support : 1070

Ø Resistance price : 1023 - 1030

   Reasons for Buy Recommended –

Godrej cp. short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest bullish short-term outlook for Godrej cp.

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