Axis Securities Picks Tata Power, IndusInd Bank for Double-Digit Gains

Axis Securities, a domestic brokerage firm, has suggested three stocks that they believe will give double-digit gains in the next few weeks.

These stocks are IndusInd Bank, DOMS Industries, and Tata Power Company.

They think these stocks are good to buy because they have shown strong patterns in their price movements.

For IndusInd Bank, the stock has broken out of a pattern called an ascending triangle, which usually means it will go up.

DOMS Industries has also broken out of a pattern called a symmetrical triangle, which also suggests it will go up.

Tata Power has rebounded from a support level, which means it has a good chance to go up as well.

The firm has set target prices and stop-loss levels for each stock to help investors know when to buy and when to sell.