New Delhi. If you are also looking for earning stocks in the stock market, then you should invest money in the shares of Samvardhan Motherson, Cummins India and Welspun Living. Axis Securities has included these three stocks in the list of stocks with strong returns in its latest weekly technical report. The brokerage says that these three stocks have shown remarkable strength on the charts in recent weeks and can give returns of up to 18 percent in the coming three-four weeks.
The brokerage says that the strength seen in all three stocks on the basis of chart structure, volume, RSI and trend analysis is a positive sign for investors. Axis Securities believes that if the current market sentiment remains stable, these stocks will see a rally in the next few weeks.
Welspun Living Shares will give good profits
Axis Securities says Welspun Living delivered a strong breakout above its medium-term downward sloping trendline in mid-November. This breakout above Rs 133 level on the weekly chart was not only decisive, but it also formed a very strong bullish candle which is a direct indication of the end of its correction phase. After the breakout, there was a slight throwback in the stock, but even during this time it managed to hold firm and again retested the breakout zone with a bullish momentum.
The increasing volumes show that market participation is very strong and investors remain confident in the stock. The weekly RSI has also given a breakout above the downward trendline, indicating further price strength. The broking firm believes that in the coming days this stock may move towards the level of Rs 162 to Rs 170.
Cummins India share can go up to Rs 4950
Axis Securities has also shown the possibility of rise in Cummins India shares. Today this share is trading at Rs 4497. Brokerage says that this stock can reach the level of Rs 4,825 to Rs 4,950 in the coming weeks. At the end of October 2025, this stock had given a strong breakout above the multi-resistance zone located around Rs 4,160. This breakout was accompanied by the formation of a bullish candle, which ensured the continuation of the medium-term trend.
After the sharp rise, Cummins India stock witnessed a slight consolidation in the range of Rs 4,160 to Rs 4,470, which Axis Securities called a “healthy pause”. This week it has again proved the strength of its uptrend by breaking above this range. The weekly RSI confirms the positive trend as it remains firmly above its reference line.
Samvardhan Madrasan will also generate income
Axis Securities is also bullish on Samvardhan Motherson shares. The brokerage says that after taking support from its lower channel, the stock has now moved towards the upper band, from which it is clear that the trend is maintaining momentum. The stock has also crossed a strong multi-resistance level located near Rs 114 on the weekly chart. The weekly RSI is also seen trending above its reference line and the 50 mark, indicating further bullishness.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, then first consult a certified investment advisor. StuffUnknownwill not be responsible for any profit or loss of yours.)
