Axis Direct, the broking arm of Axis Securities, has identified Industries, Can Fin Homes and Cholamandalam Investment and Finance Company as its top three weekly technical picks, citing strong chart patterns and bullish momentum across all three counters.

According to the brokerage's report, Hindalco has confirmed a rounded bottom breakout at Rs 790 and registered a new all-time high at Rs 843.70, signalling continuation of its medium-term uptrend. Advertisement

The stock is trading above all key moving averages, reinforcing its bullish setup. Axis Direct recommends buying within the Rs 815–798 range, with a target of Rs 877–913 and a stop loss at Rs 771, implying an upside potential of 4–8 per cent over three to four weeks.

For Can Fin Homes, the report highlights a decisive breakout

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