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.

 

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