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 .
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