AXIS BANK
Last Traded Price @ 1241
Support Range @ 1223 / 1208
Resistance Range @ 1253 / 1260
The potential for growth in Axis Bank shares in the coming days looks good. 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.
GODREJ CP
Last Traded Price @ 1180
Support Range @ 1164 / 1155
Resistance Range @ 1194 / 1203
Godrej Consumer Products Limited’s share price is likely to increase 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. The company has focused on cost control, innovation and new product launches, which has resulted in improved profit margins.
INFOSYS LTD
Last Traded Price @ 1478
Support Range @ 1464 / 1450
Resistance Range @ 1488 / 1494
Infosys Limited shares are likely to rise in the coming days. The company has recently won big deals and has built a strong position in its digital transformation, artificial intelligence and cloud services sectors. Growing demand for tech services in the US and European markets is helping the company’s revenue growth. Profitability is expected to improve due to cost control and focus on high-margin projects.
STATE BANK
Last Traded Price @ 953
Support Range @ 940 / 933
Resistance Range @ 960 / 967
State Bank of India (SBI) shares are likely to rise in the coming days. Profitability is likely to remain strong due to stable long-term interest rates. Increase in retail and corporate loan demand is helping to increase income. Strong financial position, operational efficiency and digital banking service expansion are positive for the stock. Also, new policies and participation in government projects can support the share price.
TATA TECHNO.
Last Traded Price @ 702
Support Range @ 686 / 678
Resistance Range @ 713 / 717
The company’s strong financial results, new projects and improvements in global markets can be important factors for this future growth. The links with the Tata Group and especially the increasing demand in the engineering and manufacturing sectors can provide new growth options for the company. Along with this, the development in the field of pulsats, AI, and automotive technology across the world will push Tata Technology towards new markets and higher market capitalization.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
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