Tuesday, July 15, 2025

Rationale Report - 15.07.2025

Recommended stocks on – 15.07.2025

( 1 )  ADANI PORTS -

·     Buy price : 1438

·     Strong Support : 1404

·     Resistance price : 1453 - 1460

Reasons for Buy Recommended - Adani Ports & Special Economic Zone (APSEZ) has garnered strong "Buy" recommendations from multiple brokerages, supported by a compelling blend of technical indicators and fundamental strength.

On the technical front, the stock has been consistently trading above its key moving averages, including the 50-day and 200-day exponential moving averages (EMAs), signaling sustained bullish momentum.

The Relative Strength Index (RSI) remains in the 60–70 zone, indicating positive price strength without entering overbought territory. Additionally, recent breakout patterns from consolidation zones on daily and weekly charts suggest strong upward potential, reinforced by rising volumes and bullish MACD crossovers.

No comments:

Post a Comment