SUN PHARMA
Last Traded Price @ 1759
Support Range @ 1723 / 1707
Resistance Range @ 1773 / 1780
Sun Pharma shares are likely to improve in the coming days. Strong demand for medicines in the Indian and global markets is helping the company increase its revenue. The company’s profitability is strengthening with the launch of new medicines and JMP/GNP approvals. Growth in the export segment and a strong distribution network are supporting the share price.
RELIANCE IND.
Last Traded Price @ 1520
Support Range @ 1494 / 1480
Resistance Range @ 1534 / 1550
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.
TECHM
Last Traded Price @ 1443
Support Range @ 1423 / 1408
Resistance Range @ 1464 / 1470
Tech Mahindra shares are likely to rise in the coming days. The company’s outsourcing and strong demand for digital services is positive for the stock. New technology projects and client expansion can bring in revenue growth. Strong profitability and global order book support the share price. Also, operational efficiency and digital transformation projects are a strong foundation for the company’s long-term growth.
VOLTAS LTD
Last Traded Price @ 1355
Support Range @ 1323 / 1309
Resistance Range @ 1367 / 1380
Voltas Ltd. shares are likely to rise in the coming days. The company’s new product launches, product diversification and strong brand image are attracting investors. Increasing margins in the retail and home appliance segments are helping to increase profitability. Operational efficiency and strong market position create a positive environment for the stock in the long term.
STATE BANK
Last Traded Price @ 969
Support Range @ 944 / 930
Resistance Range @ 984 / 990
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 boost earnings. 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.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
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