Monday, February 24, 2025

Rationale report - 24.02.2025


Recommended stocks on – 24.02.2025

(1) ACC -

Ø Buy price : 1860

Ø Strong Support : 1818

Ø Resistance price : 1883

Reasons for Buy Recommended –

ACC has solid fundamentals, sector tailwinds, and strong backing. Accumulating on dips could be a great strategy for investors.

 Strong Financials & Positive Sentiment - Debt is under control, and profitability is expected to improve.

Recommended stocks on – 21.02.2025

(2) M & M -

Ø Buy price : 2670

Ø Strong Support : 2606

Ø Resistance price : 2690 - 2707

Reasons for Buy Recommended –

The current price aligns with these moving averages, indicating a potential consolidation phase.

Recent analyses anticipate a potential bullish reversal, with the MACD histogram expected to turn positive, reinforcing an upward trend.

Timeframe: Conversely, on a longer timeframe, the MACD indicates a bullish trend, with the MACD line at 439.23 above the Signal Line at 421.22, suggesting upward momentum over the longer term.


 

Tuesday, February 11, 2025

Rationale report - 11.02.2025


Recommended stocks on – 10.02.2025

(1) MUTHOOT FIN. -

Ø Buy price : 2206

Ø Strong Support : 2170

Ø Resistance price : 2234 - 2240

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 – 10.02.2025

(2) GODREJ CP. -

Ø Buy price : 1088

Ø Strong Support : 1044

Ø Resistance price : 1108 -1120

Reasons for Buy Recommended –

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