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Stocks to BUY for one month: Axis Direct has identified select stocks with strong technical setups for short-term gains over the next one month, with a potential upside of up to 13 per cent. The brokerage, in its latest Weekly Technical Outlook and Picks (April 10), has highlighted opportunities emerging from breakout patterns, supported by improving momentum indicators and rising volumes.
According to the brokerage, these stocks are showing signs of sustained bullish trends across key timeframes, indicating continued investor interest. The recommendations are based on technical parameters such as chart patterns, RSI trends, and moving averages, with a suggested holding period of 3-4 weeks and defined buy ranges and stop losses to manage risk.
According to Axis Direct, on the weekly chart, Sona BLW Precision Forgings has delivered a decisive breakout above the Ascending Triangle pattern at 547, confirming the onset of a medium-term uptrend.
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Sona BLW Precision Forgings Share Price Target 2026
The breakout is supported by a notable urge in volumes, highlighting strong market participation and conviction behind the move.
Further strength is evident as the stock has closed above the upper Bollinger Band, generating a fresh buy signal and indicating expanding momentum.
Momentum indicators remain firmly supportive, with the weekly RSI crossing above its reference line, reflecting strengthening bullish momentum and reinforcing the positive outlook.
The above analysis indicates an upside toward 585-600 levels.
The holding period is 3 to 4 weeks.
- Buy Range: Rs 547 – Rs 537
- Stop Loss: Rs 519
- Upside Potential: 8 per cent – 11 per cent
According to Axis Direct, on the weekly chart, Laurus Labs remains in a strong medium-term uptrend, though it has entered a consolidation phase since the start of 2026.
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Laurus Labs Share Price Target 2026
The stock has now delivered a decisive breakout above the symmetrical triangle at 1,075, supported by a strong bullish candle, signalling the continuation of the prevailing uptrend, the brokerage noted.
Momentum indicators remain firmly supportive, with the weekly RSI crossing above its reference line, indicating strengthening bullish momentum.
Additionally, the RSI breakout above its downward-sloping trendline further reinforces positive sentiment and validates the strength in price action.
The analysis indicates an upside toward 1,160-1,200 levels.
The holding period is 3 to 4 weeks.
- Buy Range: Rs 1,080 – Rs 1,060
- Stop Loss: Rs 1,025
- Upside Potential: 8% – 12%
According to Axis Direct, on the weekly chart, Cummins India has delivered a decisive breakout above the short-term falling channel at 4,720, supported by a strong bullish candle, signalling the continuation of the medium-term uptrend.
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Cummins India Share Price Target 2026
On the weekly timeframe, the stock continues to form a higher high-higher low structure and is holding above its upward-sloping trendline, reinforcing a sustained positive bias.
The stock is firmly positioned above its 20-, 50-, 100-, and 200-day SMAs, with all key moving averages aligned and trending upward in harmony with price action–reinforcing a strong, well-established bullish structure.
The weekly RSI has crossed above its reference line, reflecting strengthening bullish momentum and reinforcing the positive outlook.
The indicates an upside toward 5,550-5,685 levels.
The holding period is 3 to 4 weeks
- Buy Range: Rs 5,100 – Rs 5,000
- Stop Loss: Rs 4,800
- Upside Potential: 10% – 13%
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
