BAJAJ FINSERV
Last Traded Price @ 2073
Support Range @ 2037 / 2017
Resistance Range @ 2097 / 2108
There are some key reasons why Bajaj Finserv stock is likely to rise in the coming days. The company’s focus on a strong customer base and digital technology is driving its lending business to grow rapidly.
Other services like insurance and wealth management are also witnessing steady growth. Recent profit figures have also been positive, which has boosted investor confidence. All these factors together could provide support for Bajaj Finserv’s share price to rise.
ICICI BANK
Last Traded Price @ 1407
Support Range @ 1388 / 1373
Resistance Range @ 1424 / 1430
ICICI Bank stock is likely to rise in the coming days as the bank has shown strong profit in its recently announced quarterly results. The bank has recently shown good growth in its revenue and profit, especially in the retail and corporate loan segments.
Financial management has also been effective and the NPA ratio is decreasing. All these positive points have increased investor confidence, resulting in higher chances of ICICI Bank stock moving forward.
AURO PHARMA
Last Traded Price @ 1124
Support Range @ 1103 / 1088
Resistance Range @ 1147 / 1160
Some important factors may be responsible for the possibility of stock increasing in the coming days. The company has recently received approval for its new generic drug products in the US, due to which there is a possibility of increasing profits. Also, Aurobindo Pharma is entering new markets in various countries, which opens new doors for growth.
Quarterly results have also been seen improving, which creates confidence among investors. Due to all these factors, the possibility of Aurobindo Pharma shares moving forward becomes stronger.
SBI CARD
Last Traded Price @ 870
Support Range @ 844 / 830
Resistance Range @ 884 / 893
The possibility of an increase in the stock of SBI Cards in the coming days is based on some important reasons. The use of digital payments and credit cards is continuously increasing in the country, which is beneficial for the company’s business.
Also, SBI Cards has shown strong profits in the last quarter and the number of new customers is also increasing. Not only this, SBI Cards is also getting the benefit of SBI’s strong network. All these things can lead to a surge in the share price.
LIC HOU. FIN.
Last Traded Price @ 593
Support Range @ 580 / 563
Resistance Range @ 603 / 616
The main reason for the increase in LIC Housing Finance shares is the recent strong increase in housing loan demand and stability in interest rates. The government’s continued support for real estate and affordable housing projects creates a positive environment for the company.
Also, the strong brand value and credibility of LIC Group increases investor confidence. Moreover, the market is optimistic that the housing finance segment will grow at a faster pace in the coming times, which is making investors more attracted to LIC Housing shares.
