ICICI BANK
Last Traded Price @ 1376
Support Range @ 1344 / 1330
Resistance Range @ 1388 / 1393
ICICI Bank stock is likely to rise in the coming days as the bank has shown strong profit in its recently announced quarterly results. The bank has recently shown good growth in its revenue and profit, especially in the retail and corporate loan segments. Financial management has also been effective and the NPA (non-performing loans) ratio is decreasing. The stock market has been positive with a profit growth of around 15.5% year-on-year.
GODREJ CP
Last Traded Price @ 1131
Support Range @ 1108 / 1088
Resistance Range @ 1147 / 1160
Godrej Consumer Products stock is likely to rise in the coming days as the company has recently reported strong sales in its home and bath products segments. Rising demand in rural and urban areas and the approaching festive season are also likely to boost revenue. The company is trying to increase market share by launching new products and profitability is improving due to cost control and strong distribution maintenance. These factors are instilling confidence among investors, which could lead to a bullish move in the stock.
ADANI GREEN
Last Traded Price @ 1050
Support Range @ 1023 / 1017
Resistance Range @ 1067 / 1075
Adani Green Energy stock is likely to rise in the coming days as the company has recently reported impressive financial results. Profit in Q1 FY26 has jumped by over 31% and energy sales have also increased by 42%. The company is continuously increasing its operational capacity and has currently reached 15.8GW. Also, Adani Green is playing a key role in the Indian government’s renewable energy policy, which is moving towards a target of 500 GW of non-fossil energy capacity by 2030.
JINDAL STEEL
Last Traded Price @ 1023
Support Range @ 1003 / 990
Resistance Range @ 1044 / 1050
Jindal Steel stock is likely to rise in the coming days as global steel demand is gradually improving and strong order flow is expected from the infrastructure and real estate sectors. The company’s steps to expand production capacity and improve cost efficiency can increase profitability in the long run. Also, stability in iron ore supply and improvement in steel prices are strengthening investor sentiment.
SBI CARDS
Last Traded Price @ 920
Support Range @ 898 / 884
Resistance Range @ 933 / 940
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 its market share through its products and offers. All these things can lead to a surge in the share price.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
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