Finance

Axis Direct picks twelve technical stocks with forty-eight percent upside potential for Samvat 2083

Originally reported by ET Markets as: Cracker stocks this Diwali! Axis Direct selects 12 technical stock with 48% upside potential for Samvat 2083

5 Nov 2026, 9:57 am IST · Xecute.finance News Desk

The crisp read

Brokerage firm Axis Direct has highlighted twelve technical stocks featuring up to forty-eight percent upside potential for Samvat 2083. Selected equities include Aurobindo Pharma, Hindustan Aeronautics, IOL Chemicals, Jyoti CNC Automation, and Karnataka Bank. Additional mentions feature Dr. Lal Path Labs, Mayur Uniquoters, and Shivalik Bimetal Controls based on performance charts.

Xecute Impact Breakdown

For CAs

  • Financial advisors must cross-verify technical targets with current market valuations and macroeconomic indicators before advising clients on the twelve selected counters.
  • Professional guidance involves reviewing portfolio allocations and aligning them with personal risk tolerance before acting on brokerage recommendations.

For businesses

  • Axis Direct selected twelve technical stocks including Aurobindo Pharma, Hindustan Aeronautics, IOL Chemicals, Jyoti CNC Automation, Karnataka Bank, Dr. Lal Path Labs, Mayur Uniquoters, and Shivalik Bimetal Controls with an estimated forty-eight percent upside potential for Samvat 2083.
  • Retail investors and portfolio managers rely on these brokerage recommendations to position investments for seasonal gains based on historical price movements, trading volumes, and chart patterns.

Deep dive - the full story

Axis Direct released a technical stock selection for Samvat 2083 featuring twelve equities with an estimated forty-eight percent upside potential. The highlighted firms include Aurobindo Pharma, Hindustan Aeronautics, IOL Chemicals, Jyoti CNC Automation, Karnataka Bank, Dr. Lal Path Labs, Mayur Uniquoters, and Shivalik Bimetal Controls, all displaying strong growth prospects and attractive target prices according to their long-term performance charts.

Technical stock selection involves analyzing historical price movements, trading volumes, and chart patterns to identify assets likely to outperform broader market averages. Retail investors and portfolio managers rely on these brokerage recommendations to position their investments for seasonal gains, contrasting with fundamental analysis which evaluates underlying company earnings and balance sheet health. Investors should review their portfolio allocations and align them with personal risk tolerance before acting on these brokerage recommendations.

Financial advisors must cross-verify technical targets with current market valuations and macroeconomic indicators before advising clients on these twelve selected counters. Bottom line: evaluate these technical picks carefully against your investment strategy before committing capital for Samvat 2083.

Source: economictimes.indiatimes.com

This is news/educational content, not investment advice. Xecute.finance is not SEBI-registered. Consult a qualified professional before acting.

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