Rationale Report - 14.05.2025

Recommended stocks on – 06.05.2025

( 1 )  ACC -

·     Buy price : 1868 / 1838

·     Strong Support : 1830

·     Resistance price : 1890 - 1903

Reasons for Buy Recommended – ACC Ltd exhibits a cautiously optimistic technical Bullish outlook.

Relative Strength Index (RSI): The RSI stands at 54.59, indicating a neutral position but showing signs of upward momentum.

MACD (Moving Average Convergence Divergence): The MACD is at -10.13, with a signal line crossover that could point towards a bullish trend if sustained.

ACC Ltd. is showing signs of a potential bullish reversal, with key technical indicators like RSI and MACD suggesting upward momentum. While the stock is currently below its 50-day and 200-day SMAs, a breakout above these levels could confirm a bullish trend.

 

Rationale Report - 13.05.2025

Recommended stocks on – 12.05.2025

( 1 ) NIFTY -

·     price : 24909 / 24979

·     Strong Support : 25008

·     Resistance price : 24808 – 24770 - 24676

Reasons for Recommended – Here is a detailed bearish technical view of NIFTY including key chart signals, indicators, and downside levels to watch in case of trend reversal.

 Bearish Divergence (RSI):This indicates bearish divergence – a potential sign of exhaustion in uptrend.

Volume Distribution:Volumes on up-days are decreasing, and profit-booking is visible.

Heavy selling near all-time highs indicates institutional caution.

 Bearish Triggers to Monitor: Global risk-off events (US Fed, inflation, geopolitical tensions) & Weak results from index-heavyweights (Reliance, HDFC Bank, Infosys) & FII outflows or VIX spike above 16–18.

Rationale Report - 12.05.2025

Recommended stocks on – 06.05.2025

( 1 )  ACC -

·     Buy price : 1838

·     Strong Support : 1830

·     Resistance price : 1890 - 1903

Reasons for Buy Recommended – ACC Ltd exhibits a cautiously optimistic technical Bullish outlook.

Relative Strength Index (RSI): The RSI stands at 54.59, indicating a neutral position but showing signs of upward momentum.

MACD (Moving Average Convergence Divergence): The MACD is at -10.13, with a signal line crossover that could point towards a bullish trend if sustained.

ACC Ltd. is showing signs of a potential bullish reversal, with key technical indicators like RSI and MACD suggesting upward momentum. While the stock is currently below its 50-day and 200-day SMAs, a breakout above these levels could confirm a bullish trend.

Recommended stocks on – 05.05.2025

( 2 )  JSW STEEL -

·     Buy price : 965

·     Strong Support : 944

·     Resistance price : 983 - 990

Reasons for Buy Recommended – JSW Steel Ltd bullish technical outlook. MACD (12,26): The MACD line is at -14.31, with a bullish crossover observed, indicating potential upward momentum.

While long-term indicators like the MACD suggest potential for a bullish reversal, short-term indicators and moving averages point towards prevailing bullish momentum.

 

Rationale Report - 07.05.2025

 

Recommended stocks on – 06.05.2025

( 1 )  ACC -

·     Buy price : 1838

·     Strong Support : 1830

·     Resistance price : 1890 - 1903

Reasons for Buy Recommended – ACC Ltd exhibits a cautiously optimistic technical Bullish outlook.

Relative Strength Index (RSI): The RSI stands at 54.59, indicating a neutral position but showing signs of upward momentum.

MACD (Moving Average Convergence Divergence): The MACD is at -10.13, with a signal line crossover that could point towards a bullish trend if sustained.

ACC Ltd. is showing signs of a potential bullish reversal, with key technical indicators like RSI and MACD suggesting upward momentum. While the stock is currently below its 50-day and 200-day SMAs, a breakout above these levels could confirm a bullish trend.

Recommended stocks on – 05.05.2025

( 2 )  JSW STEEL -

·     Buy price : 965

·     Strong Support : 944

·     Resistance price : 983 - 990

Reasons for Buy Recommended – JSW Steel Ltd bullish technical outlook. MACD (12,26): The MACD line is at -14.31, with a bullish crossover observed, indicating potential upward momentum.

While long-term indicators like the MACD suggest potential for a bullish reversal, short-term indicators and moving averages point towards prevailing bullish momentum.