RELIANCE IND.
- Last Traded Price @ 1514
- Support Range @ 1494 / 1488
- Resistance Range @ 1523 / 1530
Goldman Sachs projected a significant longer-term upside based on value creation and growth from strategic ventures like the Disney JV.Multiple business engines (telecom, retail, energy, new energy) converging to grow earnings.Strong long-term growth from Jio, Retail & New Energy,Cash flow improvement expected as capex moderates, Breakout above key supports keeps uptrend intact
VOLTAS LTD
- Last Traded Price @ 1492
- Support Range @ 1474 / 1460
- Resistance Range @ 1503 / 1515
The stock has shown signs of positive momentum with daily moving averages trending up, giving a short-term bullish bias.Moving averages (5/10/20/50/100/200) mostly show buy signals, indicating strength across timeframes.Some indicators (RSI overbought and mixed MACD signals) suggest the stock could pull back or consolidate before further upside.Short-term technical bias – Bullish with possible upside if support holds and moving averages stay positive.
GODREJ CP
- Last Traded Price @ 1260
- Support Range @ 1244 / 1230
- Resistance Range @ 1273 / 1280
Strong Buy, with average 12-month price target above current levels.Big FMCG brand with strong portfolio (Cinthol, Good Knight, etc.) and global reach.New plant and capacity expansion expected to add significant revenue.Volume growth seen in key markets and categories.Nomura sees consumer firms like GCPL benefiting from margin tailwinds as input costs ease.MACD Buy signal, 50 & 200-day moving averages bullish.Bullish sentiment from analysts + expanding production + improving volumes + some positive technicals.
JINDAL STEEL
- Last Traded Price @ 1084
- Support Range @ 1064 / 1055
- Resistance Range @ 1093 / 1100
Bullish Growth Triggers – Major capacity expansion at Angul boosting steel output over the next years.Improved balance sheet and continued integration projects support margins and competitiveness.Positive industry momentum with steel stocks rising on policy support (import tariffs protecting domestic players).Recent technical indicators (MACD, moving averages, Bollinger Bands) show a bullish trend on weekly & daily charts.
INDUSIND BANK
- Last Traded Price @ 921
- Support Range @ 909 / 898
- Resistance Range @ 933 / 940
Daily charts show a rounded bottom and potential breakout formation — a classic technical setup that often precedes upward moves when sustained.Earlier upgrades reflect expectations of better governance and earnings recovery after past challenges.Bullish if price holds key supports and breakout levels, with analyst targets showing meaningful upside.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number: – INH000012591
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