Stock picks of the week: Maruti, Ola Electric among 6 stocks for up to 19% upside potential

Stop Loss: Rs 1,790

Target: Rs 2,050 / Rs 2,100

BLUESTARCO has shown strong momentum over the past few weeks and has broken out of a 'Cup and Handle' pattern on the daily chart. The stock has retraced to the neckline of the breakout, which coincides with the 200-day SMA, indicating a likely bounce. Momentum indicators and positive EMA crossovers suggest the stock may sustain its uptrend.

— Osho Krishan, Angel One

Stop Loss: Rs 685

Target: Rs 770 / Rs 780

MARICO has recently retraced but then broke out of a multi-week consolidation on the daily chart. The stock is trading just above its 20-day EMA, showing bullish momentum. The 14-period RSI is nearing a positive crossover, supporting a favorable risk-reward setup.

— Osho Krishan, Angel One

Target: Rs 423

This defence PSU is a fundamental pick from SBI Securities with a 12-month view. A strong order book, FY26 revenue growth guidance of 15%, and a decent Q1 performance are the key positives driving the recommendation.

— SBI Securities

Stop Loss: Rs 49

Target: Rs 65

The stock rallied 14.54% last week after a positive update from NITI Aayog on EV policy. The momentum is likely to continue. One can buy with a stop loss of Rs 49 and a target of Rs 65.

— SBI Securities

Stop Loss: Rs 237

Target: Rs 270

Wipro closed at Rs 249.41 after touching a high of Rs 257.30 last week. Further upside is expected. Buy with a stop loss of Rs 237 for a target of Rs 270.

— SBI Securities

Buy Maruti at Rs 14,791 | Upside: 8%

Stop Loss: Rs 13,750

Target: Rs 16,000

Maruti Suzuki gained 3% last week and 17% in August. The company’s first EV launch is expected to boost the stock further. Buy with a stop loss of Rs 13,750 and a target of Rs 16,000.

— SBI Securities


(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)