CIPLA LTD
Last Traded Price @ 1518
Support Range @ 1503 / 1490
Resistance Range @ 1534 / 1540
Cipla Limited shares are likely to improve in the coming days. Strong demand in the pharma and healthcare sectors, new drugs and trial projects can help the company increase its revenue. Profitability is expected to remain strong due to increased exports to international markets. The stock’s long-term strategy and focus on research and development give a positive signal to investors.
RELIANCE IND.
Last Traded Price @ 1497
Support Range @ 1474 / 1460
Resistance Range @ 1508 / 1520
Reliance Industries shares are likely to rise in the coming days. The company’s telecom, retail and new energy segments are expected to see strong growth. The prospect of increasing income from Jio Financial and green energy projects is also attracting investors. In addition, the company’s strong profits, low debt position and investment in new technology give positive signals for its long-term growth.
ADANI PORTS
Last Traded Price @ 1448
Support Range @ 1430 / 1417
Resistance Range @ 1457 / 1464
Adani Ports shares are likely to rise in the coming days. The company’s ongoing projects in the logistics and port sector could be positive for the stock. An increase in India’s import-export activity is also likely to boost earnings. However, global market tensions and a surge in fuel costs could remain as headwinds. The company’s strong value capture and long-term growth plans could support the stock.
ADANI GREEN
Last Traded Price @ 1040
Support Range @ 1013 / 1003
Resistance Range @ 1057 / 1073
Adani Green Energy is a major player in the new and renewable energy sector. With global and Indian government incentive schemes, the growth opportunities for the company are increasing. On the other hand, the company is securing long-term contracts for new wind and solar projects, which is positive for continued growth in revenue and profit. The company enters into large power purchase agreements (PPAs), which keeps the revenue stable.
HDFC BANK
Last Traded Price @ 989
Support Range @ 973 / 960
Resistance Range @ 996 / 1004
There are several strong factors that are likely to drive HDFC Bank’s share price higher in the coming days. The first reason is that the bank’s loan portfolio is growing steadily, especially in the retail and home loan segments, with strong demand. The bank’s asset quality has remained stable and the NPA ratio is declining, which is a sign of confidence for investors.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
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