HAVELLS INDIA
Last Traded Price @ 1426
Support Range @ 1397 / 1388
Resistance Range @ 1444 / 1450
Havells India’s share price is likely to rise in the coming days due to several positive factors. The company’s distribution network is continuously expanding with strong demand in the electrical consumer goods, cables and lighting segments. Rising consumption in the home electronics and smart appliances sector, boom in the real estate, infrastructure sectors is expected to increase the demand for the company’s products.
BHARAT FORGE
Last Traded Price @ 1394
Support Range @ 1380 / 1373
Resistance Range @ 1404 / 1417
Bharat Forge shares are likely to rise in the coming days. Strong demand in the automobile and machinery sectors is helping the company increase its revenue. New orders for infrastructure and auto-industry are positive for profitability. Control over raw material costs and efficiency improvements can also support the stock. All these reasons can strengthen the share price.
JSW STEEL
Last Traded Price @ 1109
Support Range @ 1096 / 1088
Resistance Range @ 1123 / 1130
JSW Steel shares are likely to rise in the coming days. Demand for steel in the local and international markets has been strong, which can help increase the company’s revenue. The decline in raw material prices is favorable for profitability. Strong order book and engagement in infrastructure projects give a positive signal for the stock. All these factors can support the share price.
HDFC BANK
Last Traded Price @ 1001
Support Range @ 984 / 977
Resistance Range @ 1013 / 1020
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.
ZYDUS LIFE
Last Traded Price @ 925
Support Range @ 909 / 898
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.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number: – INH000012591
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