Monday, March 24, 2025

Rationale Report - 24.03.2025



 

Recommended stocks on – 21.03.2025

(1)           TATA CHEM. -

·     Buy price : 838

·     Strong Support : 808

·     Resistance price : 853 - 860

Reasons for Buy Recommended – Both simple and exponential moving averages across various periods (20, 50, 100, and 200 days) suggest a 'Strong Buy' signal.

Overall, the technical indicators present a positive outlook for Tata chemicals Ltd., with moving averages suggesting a strong buy.



Friday, March 21, 2025

Rationale Report -21.03.2025



Recommended stocks on – 21.03.2025

(1)           TATA CHEM. -

·     Buy price : 838

·     Strong Support : 808

·     Resistance price : 853

Reasons for Buy Recommended – Both simple and exponential moving averages across various periods (20, 50, 100, and 200 days) suggest a 'Strong Buy' signal.

Overall, the technical indicators present a positive outlook for Tata chemicals Ltd., with moving averages suggesting a strong buy.



Recommended stocks on – 20.03.2025

(2)           ADANI PORTS -

·     Buy price : 1170 / 1150

·     Strong Support : 1144

·     Resistance price : 1188 – 1194 - 1202

Reasons for Buy Recommended – The technical analysis for Adani Ports and Special Economic Zone Limited presents a bullish outlook, with key indicators pointing toward continued upward momentum.

Moving Averages (MA): The stock is trading above its 5-day, 10-day, 20-day, 50-day, 100-day, and 200-day simple moving averages, indicating a strong bullish trend.

Relative Strength Index (RSI): The 14-day RSI is at 71.069, suggesting that the stock is in overbought territory.

Moving Average Convergence Divergence (MACD): The MACD indicator is at 26.87, indicating bullish momentum. Assigns a 'Buy' rating based on current technical indicators.

Recommended stocks on – 14.02.2025

(3)           ACC -

·     Buy price : 1880

·     Strong Support : 1830

·     Resistance price : 1903 – 1919 - 1920

Reasons for Buy Recommended – The stock is showing short-term bullish momentum.

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth. With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

 


 

Thursday, March 20, 2025

Rationale Report - 20.03.2025

 



Recommended stocks on – 20.03.2025

(1)           ADANI PORTS -

·     Buy price : 1170 / 1150

·     Strong Support : 1144

·     Resistance price : 1188 – 1194 - 1202

Reasons for Buy Recommended – The technical analysis for Adani Ports and Special Economic Zone Limited presents a bullish outlook, with key indicators pointing toward continued upward momentum.

Moving Averages (MA): The stock is trading above its 5-day, 10-day, 20-day, 50-day, 100-day, and 200-day simple moving averages, indicating a strong bullish trend.

Relative Strength Index (RSI): The 14-day RSI is at 71.069, suggesting that the stock is in overbought territory.

Moving Average Convergence Divergence (MACD): The MACD indicator is at 26.87, indicating bullish momentum. Assigns a 'Buy' rating based on current technical indicators.


Tuesday, March 18, 2025

Rationale Report - 18.03.2025



Recommended stocks on – 18.03.2025

(1)           ACC -

·     Buy price : 1888

·     Strong Support : 1850

·     Resistance price : 1903 - 1919

Reasons for Buy Recommended – The technical analysis for ACC Limited suggests a bullish outlook, with key indicators pointing toward potential continued upward momentum.

Moving Averages (MA): The stock is trading below its 20-day, 50-day, 100-day, and 200-day simple moving averages, indicating a bullish trend.


Recommended stocks on – 14.02.2025

(2)           ACC -

·     Buy price : 1880

·     Strong Support : 1830

·     Resistance price : 1903 – 1919 - 1920

Reasons for Buy Recommended – The stock is showing short-term bullish momentum.

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth. With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

 

Monday, March 17, 2025

Rationale Report -17.03.2025



(1)           MGL -

·     Buy price : 1288

·     Strong Support : 1250

·     Resistance price : 1303 – 1313 - 1320

Reasons for Buy Recommended – The MACD shows a bullish signal at 7.93, suggesting potential upward momentum. However, other indicators like ADX, CCI, and Williams %R are neutral, reflecting a lack of strong directional trends.

Relative Strength Index (RSI): 45.92

Average Directional Index (ADX): 14.50  

Commodity Channel Index (CCI): -72.49

Williams %R: -61.51


 

Thursday, March 13, 2025

Rationale Report - 13.03.2025



    Recommended stocks on - 12.03.2023

(1)           MGL -

·       Buy price : 1288

·       Strong Support : 1250

·       Resistance price : 1303 - 1313

Reasons for Buy Recommended – The MACD shows a bullish signal at 7.93, suggesting potential upward momentum. However, other indicators like ADX, CCI, and Williams %R are neutral, reflecting a lack of strong directional trends.

Relative Strength Index (RSI): 45.92

Average Directional Index (ADX): 14.50  

Commodity Channel Index (CCI): -72.49

Williams %R: -61.51

Recommended stocks on - 12.03.2023

(2)           INDUSIND BANK -

·       Buy price : 636

·       Strong Support : 590

·       Resistance price : 664 – 670 – 686 - 700

Reasons for Buy Recommended – IndusInd Bank Limited is currently exhibiting a strong bullish trend. The RSI is below 25, indicating that the stock is in oversold territory, which could signal a potential rebound; however, it also reflects the current positive sentiment.

Recent market developments have further impacted the stock. IndusInd Bank's shares plummeted by 27% due to selling pressure.


 

Wednesday, March 12, 2025

Rationale Report - 12.03.2025


Recommended stocks on - 12.03.2023

(1)           MGL -

·       Buy price : 1288

·       Strong Support : 1250

·       Resistance price : 1303

Reasons for Buy Recommended – The MACD shows a bullish signal at 7.93, suggesting potential upward momentum. However, other indicators like ADX, CCI, and Williams %R are neutral, reflecting a lack of strong directional trends.

Relative Strength Index (RSI): 45.92 

Average Directional Index (ADX): 14.50 

Commodity Channel Index (CCI): -72.49

Williams %R: -61.51 

Recommended stocks on - 12.03.2023

(2)           INDUSIND BANK -

·       Buy price : 636

·       Strong Support : 590

·       Resistance price : 664 – 670 – 686 - 700

Reasons for Buy Recommended – IndusInd Bank Limited is currently exhibiting a strong bullish trend. The RSI is below 25, indicating that the stock is in oversold territory, which could signal a potential rebound; however, it also reflects the current positive sentiment.

Recent market developments have further impacted the stock. IndusInd Bank's shares plummeted by 27% due to selling pressure.

   Recommended stocks on - 10.03.2023

(3)           ACC -

·       Buy price : 1858

·       Strong Support : 1800

·       Resistance price : 1874 – 1888 – 1894 - 1900

Reasons for Buy Recommended – The technical indicators for ACC Limited currently suggest a bullish outlook.

Average Directional Index (ADX): The ADX is at 39.93, reflecting a strong trend.

Moving Averages (MA): The stock is currently below both its 50-day and 200-day moving averages, indicating potential bullish momentum.

 

Tuesday, March 11, 2025

Rationale Report - 11.03.2025

 Recommended stocks on - 10.03.2023

(1)           ACC -

·       Buy price : 1858

·       Strong Support : 1800

·       Resistance price : 1874 – 1888 – 1894 - 1900

Reasons for Buy Recommended – The technical indicators for ACC Limited currently suggest a bullish outlook.

Average Directional Index (ADX): The ADX is at 39.93, reflecting a strong trend.

Moving Averages (MA): The stock is currently below both its 50-day and 200-day moving averages, indicating potential bullish momentum.

Recommended stocks on - 21.02.2023

(2)           BHARTI AIRTEL -

·       Buy price : 1288

·       Strong Support : 1250

·       Resistance price : 1303

Reasons for Buy Recommended – The MACD indicator has generated a buy signal, indicating potential bullish momentum in the short term. Recent highlight a breakout from a resistance zone, accompanied by increasing volume and bullish momentum, suggesting potential for further gains.




Monday, March 10, 2025

Rationale Report - 10.03.2025



(1 Recommended stocks on - 10.03.2023

(1)           INFOSYS -

·       Buy price : 1700

·       Strong Support : 1670

·       Resistance price : 1714 - 1722

Reasons for Buy Recommended – The technical analysis for Infosys Limited suggests a bullish outlook, with key indicators pointing toward potential continued upward momentum.

Moving Averages (MA): The stock is trading below its 20-day (20.70), 50-day (21.39), 100-day (21.56), and 200-day (20.68) exponential moving averages, indicating a bullish trend.

Moving Average Convergence Divergence (MACD): The MACD line is at -0.57, indicating bullish momentum.