INFOSYS LTD
Last Traded Price @ 1555
Support Range @ 1527 / 1515
Resistance Range @ 1567 / 1574 / 1580
Infosys Limited shares are likely to rise in the coming days. The company has recently won big deals and has built a strong position in its digital transformation, artificial intelligence and cloud services sectors. Growing demand for tech services in the US and European markets is helping the company’s revenue growth. Profitability is expected to improve due to cost control and focus on high-margin projects.
AXIS BANK
Last Traded Price @ 1269
Support Range @ 1234 / 1223
Resistance Range @ 1278 / 1285
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. These factors seem to be increasing investor confidence.
SBIN
Last Traded Price @ 968
Support Range @ 956 / 947
Resistance Range @ 974 / 980
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.
ZYDUS LIFE
Last Traded Price @ 924
Support Range @ 898 / 890
Resistance Range @ 933 / 940
The potential for Zydus Lifesciences shares to rise in the coming days is mixed. Demand for the company’s medicines and healthcare products is strong, but competition and regulatory challenges in the global market can sometimes impact profitability. Focus on R&D and a portfolio of new products will be positive for the stock in the long term. Also, exports and international distribution network support the stock.
SBI CARD
Last Traded Price @ 873
Support Range @ 858 / 850
Resistance Range @ 878 / 884
SBI Cards shares are likely to rise further in the coming days. The increase in digital payments and e-commerce transactions is positive for the company’s revenue. New credit card offers and loyalty programs in the market are strengthening the customer base. Strong profitability and operational efficiency are supporting the share price. Also, increasing customer base is strengthening the market share. All these factors create a positive environment for the stock.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
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