VOLTAS LTD
Last Traded Price @ 1371
Support Range @ 1355 / 1337
Resistance Range @ 1388 / 1393
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.
AXIS BANK
Last Traded Price @ 1253
Support Range @ 1230 / 1218
Resistance Range @ 1267 / 1275
Axis Bank shares are likely to rise in the coming days. 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. Due to these factors, the share price is likely to increase gradually.
TATA CONSUMER
Last Traded Price @ 1179
Support Range @ 1160 / 1147
Resistance Range @ 1193 / 1202
The main reasons for the increase in Tata Consumer shares include the company’s strong quarterly performance, continued growth in the FMCG segment and new product launches. Also, the synergy with other Tata Group companies and the growing presence in the e-commerce sector are strengthening the company’s future. Sales are expected to increase with entry into the rural market and brand strength, due to which the share price is likely to rise in the coming days.
ADANI ENERGY
Last Traded Price @ 1028
Support Range @ 1003 / 990
Resistance Range @ 1043 / 1050
Adani Energy shares are likely to see limited but steady gains in the coming days, as the company’s recent results have been strong and the market is bullish on the power and transmission sector. The stock has seen consistent buying in the last few sessions, which could support a modest rise of 2-5% in the near term. However, the rally is unlikely to be very large or rapid due to governance and market volatility.
HDFC BANK
Last Traded Price @ 997
Support Range @ 980 / 974
Resistance Range @ 1008 / 1013
There are several strong factors that are likely to drive HDFC Bank’s share price higher in the coming days. The first 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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