HCL TECHNO.
Last Traded Price @ 1607
Support Range @ 1588 / 1574
Resistance Range @ 1622 / 1630 / 1636
HCL Technologies shares are likely to rise in the coming days. The demand for the company’s digital services and cloud solutions is continuously increasing. Especially AI and technology-based projects have increased the possibilities of increasing revenue. New contracts have been received in the American and European markets, which will strengthen profitability and annual revenue.
ICICI BANK
Last Traded Price @ 1365
Support Range @ 1344 / 1330
Resistance Range @ 1374 / 1380
The prospects for ICICI Bank shares to rise in the coming days are positive. The bank’s profits are continuing to grow, asset quality is improving and there is strong demand in the retail loan segment. Also, signs of economic growth and stable interest rates are favorable for the banking sector. Considering all these factors, ICICI Bank shares are likely to rise in the medium to long term.
AURO PHARMA
Last Traded Price @ 1213
Support Range @ 1193 / 1185
Resistance Range @ 1224 / 1230
Aurobindo Pharma shares are likely to rise in the coming days. The company is continuously getting new ANDA approvals in the US market, due to which its product portfolio has become stronger and profitability is expected to increase. Recently, the company has increased investment in API and biosimilar segments, which can prove to be important for growth in the long term.
HDFC BANK
Last Traded Price @ 995
Support Range @ 983 / 975
Resistance Range @ 1003 / 1013
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. The bank’s net interest margin is expected to improve with the recent stabilization in the interest rate environment.
JSW ENERGY
Last Traded Price @ 478
Support Range @ 464 / 460
Resistance Range @ 485 / 490
JSW Energy shares are likely to rise in the coming days. Strong financial results, brisk expansion in new renewable energy projects and long-term power purchase agreements are seen increasing revenue stability. Also, factors such as increasing government policy support towards green energy, stable raw material prices and reduction in the company’s debt are strengthening investor confidence, due to which buying in the stock is likely to be seen.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
Disclaimer – https://www.capsavaj.com/policies
