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Sudeep Shah From SBI Securities Identifies Two Stocks Poised For Strong Upside Movement!

Sudeep Shah From SBI Securities Identifies Two Stocks Poised For Strong Upside Movement!

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi ,
  • Dec 14, 2023,
  • Updated Dec 14, 2023, 11:48 PM IST

 

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.

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