Following the breakout, the Maruti Suzuki stock continues its upward momentum and Maruti Suzuki stock and is predicted to continue the momentum.

JSW Energy – For JSW Energy that is trading near ₹520 levels , the buy range recommended by Axis Securities is between ₹510-500. The Stop loss for JSW Energy recommended by Axis stands at ₹470 for an upside of 14%–17% for JSW Energy to ₹575-590 levels. The holding period recommended by Axis for JSW Energy is 3-4 weeks.

The daily chart shows that JSW Energy has broken above the ‘Downward Sloping Trendline’ at ₹505, indicating a positive bias said Axis Securities

As per the “Principle of Polarity,” the stock found support at the horizontal level of about 450, which was previously acting as resistance for JSW Energy.

PB Fintech Ltd (Policybazaar) :-

For PB Fintech (Policybazaar) that is trading near ₹1136 levels , the buy range recommended by Axis Securities is between ₹1160-1138. The Stop loss for PB Fintech (Policybazaar) recommended by Axis stands at ₹1080 for an upside of 12%–17% for PB Fintech (Policybazaar) to ₹1285-1350 levels. The holding period recommended by Axis for PB Fintech (Policybazaar) is 3-4 weeks.

On the weekly chart, PB Fintech (Policybazaar) has exhibited a bullish breakout above the slight “Falling Channel” pattern around 1145, indicating a positive bias for PB Fintech (Policybazaar), said Axis Securities.

Cummins India Ltd:-

For Cummins India that is trading near ₹2992 levels , the buy range recommended by Axis Securities is between ₹2920-2862. The Stop loss for Cummins India recommended by Axis stands at ₹2660 for an upside of 16% – 19% for Cummins India to Rs3355-3430 levels levels. The holding period recommended by Axis for Cummins India is 3-4 weeks.

Cummins India has come out out of the “Consolidation” zone, which spanned five weeks and was accompanied with a strong bullish candle that suggested the medium-term uptrend will continue for Cummins India.

Cummins India after finding support in the lower band of the medium-rise channel, is currently trending within it and Cummins India stock is poised to climb towards the upper band.

Disclaimer: The views and  Stocks to Buy -Maruti Suzuki , JSW Energy among 4 weekly technical stock picks by Axis Securities Stocks to Buy -Maruti Suzuki , JSW Energy among 4 weekly technical stock picks by Axis Securities recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.https://watchnewz.com/indian-news/stocks-to-buy-maruti-suzuki-jsw-energy-among-4-weekly-technical-stock-picks-by-axis-securities/