According to reports from ET Now, Axis Securities has identified three stocks as top picks for the upcoming weeks: Kirloskar Oil Engines, Blue Star, and Astral. The brokerage expects each of these counters to continue their upward trajectory over the next 3 to 4 weeks, backed by breakouts, trend strength, and improving chart patterns. These picks are supported by strong technical setups and bullish momentum indicators, with Axis Securities now projecting potential returns of up to 20% across all three recommendations.
As reported by ET Now, Kirloskar Oil Engines is currently trading at ₹1,393.80 and Axis Securities indicates an upside toward ₹1,550-1,600 levels for the holding period of 3 to 4 weeks, with the latest analysis showing potential for 16-20% upside. The brokerage noted that on the weekly chart, KIRLOSENG remains in a strong uptrend, consistently forming higher highs and higher lows while holding above its upward-sloping trendline. The stock has delivered a decisive breakout above the medium-term multiple resistance zone around ₹1,330, supported by a strong bullish candle, signalling continuation of the uptrend. The recent breakout was accompanied by a surge in volumes, indicating increased participation from markets.
According to ET Now, Blue Star is currently trading at ₹1,962.80 and Axis Securities indicates an upside toward ₹2,076-2,120 levels for the holding period of 3 to 4 weeks, signalling nearly 8% upside potential. The brokerage added that on the weekly chart, Blue Star has broken decisively above the symmetrical triangle pattern formed since January 2025, clearing the ₹1,910 level with a strong bullish candle and confirming continuation of the medium-term uptrend. The volumes showed renewed participation and conviction among market participants, with the weekly RSI decisively breaking above its downward-sloping trendline and crossing its reference line, generating a clear buy signal. As per The Economic Times, Blue Star has been in an uptrend since January 2026, surpassing key moving averages and the upper band of a symmetrical triangle pattern, with experts suggesting short-term traders can target ₹2,000-2,200 levels in the coming weeks.
As reported by ET Now, Astral is currently trading at ₹1,636.00 and Axis Securities indicates an upside toward ₹1,772-1,800 levels for the holding period of 3 to 4 weeks, signalling an upside of nearly 10%. The brokerage noted that on the weekly chart, Astral found strong support near the ₹1,200 zone, marking a confluence of the 61.8% Fibonacci retracement of the March 20 to July 24 rally and a key horizontal support formed in June 2022. Astral stock consolidated at this base, forming an ascending triangle pattern, and has now delivered a decisive breakout with a strong bullish candle, signalling a potential price reversal. A close above the weekly upper Bollinger Band strengthened conviction in the stock, while momentum indicators like RSI reinforce the bullish outlook as it decisively broke above horizontal resistance near 60.
According to ET Now, momentum indicators remain firmly bullish across all three stocks. For Kirloskar Oil Engines, the weekly RSI trending above its reference line and sustaining above its upward-sloping trendline reinforces the positive outlook and underlying strength. Blue Star's weekly RSI decisively broke above its downward-sloping trendline and crossed its reference line, generating a clear buy signal. Astral's weekly RSI decisively broke above horizontal resistance near 60 and crossed its reference line, reinforcing the bullish outlook. As per The Economic Times, technical indicators suggest further gains for Blue Star, with the stock seeming to have bottomed out after making a low above ₹1,600 levels on January 28, 2026, and momentum pushing the stock above key moving averages.