Sudeep Shah of SBI Securities has identified two promising stocks, Exide Industries and Tech Mahindra, both showing potential for a robust upside movement. According to Shah, Exide Industries has entered a consolidation phase and rebounded from a crucial support level of 285-287, with an anticipated upside reaching 315-325. Regarding Tech Mahindra, Shah notes the stock's underperformance over the past 3-4 months, making it a significant candidate for short covering. He identifies 1230-1235 as a strong support zone for Tech Mahindra, projecting an upside target of 1320.
Copyright©2023 Living Media India Limited. For reprint rights: Syndications Today