RELIANCE IND.
Last Traded Price @ 1495
Support Range @ 1474 / 1460
Resistance Range @ 1503 / 1513
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 sentiments. Also, the new drone, energy and green hydrogen businesses can lead the company to strong growth in the long term.
AXIS BANK
Last Traded Price @ 1252
Support Range @ 1230 / 1223
Resistance Range @ 1263 / 1270
Axis Bank shares are likely to rise in the coming days. The bank’s latest quarterly results have shown strong profit, stable net interest margin and improvement in asset quality. Credit growth has been strong with continued growth in the retail and SME loan segments. Improvements in digital banking and cost control policy are also positive. These factors seem to be increasing investor confidence.
GODREJ CP
Last Traded Price @ 1117
Support Range @ 1097 / 1088
Resistance Range @ 1136 / 1145
Godrej Consumer Products Limited’s share price is likely to rise in the coming days as the company’s business is growing strongly in both domestic and international markets. The demand for the company’s haircare, personal care and home hygiene products is continuously increasing in markets including India, Indonesia, Africa and Latin America. In recent quarters, the company has focused on cost control, innovation and new product launches, which has resulted in improved profit margins.
ZYDUS LIFE
Last Traded Price @ 1010
Support Range @ 993 / 978
Resistance Range @ 1033 / 1040
The potential for Zydus Lifesciences shares to rise in the coming days is mixed. Demand for the company’s medicines and healthcare products is strong, but competition and regulatory challenges in the global market can sometimes impact profitability. Focus on R&D and a portfolio of new products will be positive for the stock in the long term. Also, exports and international distribution network support the stock.
SBI CARDS
Last Traded Price @ 891
Support Range @ 874 / 860
Resistance Range @ 902 / 913
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. The company is trying to increase market share through its products and offers.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
Disclaimer – https://www.capsavaj.com/policies
