Recommended stocks on – 03.03.2025
(1)
BALKRISHNA IND. -
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Buy price : 2577
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Strong Support : 2508
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Resistance price : 2603
Reasons for Buy Recommended –
Moving Averages (MA): The stock is
currently below both its 50-day and 200-day moving averages, indicating
potential bullish momentum.
The technical indicators for Balkrishna
Industries Limited currently suggest a bullish outlook. The stock's position
below key moving averages, a neutral RSI, and a bullish MACD align with the
observed falling trend channel.
Recommended stocks on – 03.03.2025
(1) ACC
-
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Buy price : 1860
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Strong Support : 1818
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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 – 27.02.2025
(2)
ADANI PORTS -
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Buy price : 1073
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Strong Support : 1044
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Resistance price : 1088
Reasons for Buy Recommended –
The convergence of
these technical indicators points to a strong sell recommendation for Adani
Ports in the short term.
Average Directional
Index (ADX): An ADX value of 20.48 indicates a storng trend strength.
50-day SMA: The
stock is trading below its 50-day simple moving average, indicating short-term
bullish.
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