SBI LIFE
Last Traded Price @ 1825
Support Range @ 1787 / 1774
Resistance Range @ 1844 / 1850
There are strong prospects for an increase in the share price of SBI Life Insurance Company in the coming days. Increasing penetration in the life insurance sector, growing sentiment among customers towards term plans and unit linked investment plans (ULIP) and increasing demand for long-term insurance solutions bring growth opportunities for the company. The company’s business model is strong and sales growth of new policies is continuously increasing. Awareness among people towards life insurance is increasing.
TECHM
Last Traded Price @ 1478
Support Range @ 1444 / 1430
Resistance Range @ 1494 / 1507
Tech Mahindra’s stock is likely to rise in the coming days due to several factors. The company has recently brought in new management leadership, which is focusing more on growth. Along with this, the demand is increasing in the IT sector, especially for new technologies like digital transformation and generative AI, in which Tech Mahindra is expanding its services. The company has also undertaken some activities to reduce costs, which could improve profitability.
ICICI BANK
Last Traded Price @ 1400
Support Range @ 1383 / 1370
Resistance Range @ 1424 / 1430
The stock of ICICI Bank 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 (non-performing loans) ratio is decreasing. The profit growth of about 15.5% year-on-year has created a positive sentiment in the stock market.
RELIANCE IND.
Last Traded Price @ 1395
Support Range @ 1373 / 1360
Resistance Range @ 1408 / 1420
The prospects for Reliance Industries shares to rise in the coming days depend on several factors. The company’s recent quarterly earnings have been strong and growth has been seen in the petrochemical and retail business segments. The major expansion in technology and 5G by Jio Platforms is also creating positive sentiment. Also, the new drone, energy and green hydrogen businesses can lead the company to strong growth in the long term. Buying by mutual funds and foreign investors is also creating support for the stock.
ADANI GREEN
Last Traded Price @ 1137
Support Range @ 1120 / 1107
Resistance Range @ 1153 / 1160
Adani Green Energy stock is likely to rise in the coming days as the company has recently reported impressive financial results. Profit in Q1 FY26 has jumped by over 31% and energy sales have also increased by 42%. The company is continuously increasing its operational capacity and has currently reached 15.8GW. Also, Adani Green is playing a key role in the Government of India’s renewable energy policy, which is moving towards a target of 500 GW of non-fossil energy capacity by 2030.
