Midcap stocks have delivered exceptional performance in the current financial year, with the Nifty Midcap 100 and Nifty Midcap 150 indices surging 22% and 21% respectively, significantly outpacing the Nifty 50's 9% gain thus far in FY27. According to reports from Business Standard, among individual midcap stocks, Laurus Labs soared up to 87% in the same period, while Radico Khaitan, Apar Industries, One97 Communications (Paytm), Bharat Heavy Electricals and Oracle Financial Services Software (OFSS) moved up in the range of 70-78%. Notably, 98 out of the Nifty 150 index stocks have gained more than 10% so far in FY27, indicating broad-based strength across the midcap segment.
360 One Wam is currently trading at ₹1,180 and has been consistently forming higher highs while trading above all key moving averages on daily charts, as reported by SAMCO Securities. The stock demonstrates broad-based strength across time-frames with momentum indicators favorably positioned. The Relative Strength Index (RSI) is placed near 60 and consistently held in the upper half of the range this month, indicating sustained momentum without entering an overheated zone. Om Mehra from SAMCO Securities anticipates an up move toward ₹1,280 levels with a stop-loss recommendation at ₹1,120.
ICICI Prudential Asset Management Company is currently trading at ₹3,105 and has bounced sharply from the confluence of the 61.8% Fibonacci retracement level at ₹3,000, which coincides with rising trendline support near the ₹3,020-3,030 zone. According to SAMCO Securities analysis, trading volumes remain slightly above recent average, supporting the recovery. The RSI has turned higher from 42 levels and is now placed near 52, indicating improving momentum. As long as the stock holds above the ₹3,000 mark, Mehra expects a potential rally toward ₹3,380 levels.
Oberoi Realty is currently trading at ₹1,842 and has broken above the ₹1,820-1,825 resistance zone that previously capped the stock on multiple occasions. As reported by SAMCO Securities, trading volume has surged nearly three-fold the recent average, with delivery volume also picking up meaningfully, indicating strong participation in the breakout. The previous resistance zone has now turned into support, with both RSI and the Moving Average Convergence-Divergence (MACD) histogram favorably placed. The analyst expects the stock to rally toward ₹1,960 levels with key support at ₹1,780.
