Bajaj Finserv Ltd, Indian Oil Corporation Ltd (IOC), LTIMindtree Ltd and Pidilite Industries Ltd are among seven stocks that look strong on technical charts, and also fundamentally, and could deliver 16-23 per cent return over the next 12 months, ICICI Direct said on Friday. Other three included SRF, Can Fin Homes and Jamna Auto Industries. Advertisement

ICICI Direct said Bajaj Finserv may head towards Rs 2,400 in coming months as it is implicated target of recent consolidation of Rs 2,135-1,890, coincided with upper band of rising channel. In 2025, the stock logged a resolute breakout from Ascending triangle and currently forming a higher base above breakout the area that confirms structural improvement.

"Noteworthy point is that, post multi year range breakout, stock has been respec

See Full Page