Investing in the stock market is considered a risky endeavor; however, among numerous stocks are those that can become a source of significant income for investors. Some of these have demonstrated multiple growth over a very short period, while others have become multibagger stocks, enriching their holders in the long term.
If you plan to invest in the stock market, experts have identified three stocks that are predicted to show growth of 10-14 percent over the next three to four weeks. This potential return significantly exceeds the interest rates offered by bank deposits.
These recommendations are included in the Top Pick Stock List from Axis Securities. The brokerage firm Axis Securities notes that all three stocks look strong on the technical chart. Their forecast is based on indicators such as the outlook breakout pattern, bullish candlestick pattern, support from major moving averages, and momentum indicators.
Axis Securities suggested setting a buy limit for Mphasis shares in the range of 2,535–2,485 rupees, a stop-loss at 2,363 rupees, and a projected growth of 12–14%. On the weekly chart, the stock made a decisive breakthrough above the consolidated range of 2,035–2,497 rupees, receiving support from a strong bullish candle, which indicates signs of moderate growth. Experts expect the stock price to reach the level of 2,805–2,870 rupees within three to four weeks. On the day of trading closure, the stock fell by 1.22%, closing at 2,514 rupees.
The next stock in the brokerage firm's top picks list is LG Electronics India Limited. For this stock, a purchase range of 1,710–1,675 rupees, a stop-loss of 1,610 rupees, and a potential growth of 10–14% are recommended. According to Axis Securities, high activity in this asset's market indicates a significant volume of purchases. Analysts predict that within 3–4 weeks of holding, LG Electronics India stock could rise to the level of 1,855–1,925 rupees. The company's stock, with a market capitalization of 1.13 lakh rupees, closed on Monday down 3.83% at 1,663.40 rupees.
Axis Securities advised buying Aarti Industries shares in the price range of 530–520 rupees, setting a stop-loss at 495 rupees, and forecasting a potential growth of 11–14%. On the weekly chart, the stock achieved a decisive breakthrough above the multiple resistance level of 522 rupees, supported by a strong bullish candle, signaling the start of an uptrend in the medium term. Axis Securities expects Aarti Industries shares to reach the level of 585–599 rupees within three to four weeks. On Monday after daily trading, Aarti Industries shares fell by 1.67%, ending the session at 525.20 rupees.
