1 / 9PL Capital sees an upside potential between 20% to 50% in eight stocks ahead of Diwali Muhurat trading for Samvat 2082. The firm has identified eight stocks — Anant Raj, HBL Engineering, Hindustan Copper, Swiggy, TVS Motor, Va Tech Wabag, Hi-Tech Pipes and V-Mart Retail — that exhibit strong technical setups, rising momentum, and improving RSI (Relative Strength Index) trends. According to PL Capital, these counters are well placed to extend their gains as markets enter the new Samvat year.
2 / 9Anant Raj PL Capital notes that the stock has seen a sharp surge backed by strong volume participation, maintaining a positive bias with steady consolidation. With RSI showing renewed strength, the firm expects the uptrend to extend towards ₹1,100 — an upside of around 58% — while ₹645 serves as the key support level.
3 / 9HBL Engineering | After a short corrective phase, HBL Engineering has regained momentum near the upper band of its rising channel pattern. PL Capital observes that the RSI has cooled off and is turning positive again, hinting at a likely rebound. The firm expects a move towards ₹1,250, representing a potential upside of up to 43%, with support at ₹780.
4 / 9Hindustan Copper | Hindustan Copper has formed a bullish flag pattern following a brief dip, accompanied by rising volumes. PL Capital highlights improved bias and a revival in momentum, with RSI positioned favourably. The stock could climb towards ₹440 — up to 24% higher — while ₹300 remains a crucial stop level for the ongoing uptrend.
5 / 9Swiggy | Swiggy’s stock has stabilised near its 50-day EMA (Exponential Moving Average) at around ₹418, signalling a potential trend reversal. According to PL Capital, the RSI is improving and indicates strength returning to the counter. With the overall pattern turning positive, the stock could move towards ₹580, implying an upside of around 36%, while ₹370 serves as near-term support.
6 / 9TVS Motor | TVS Motor has resumed its long-term upward trajectory after a period of consolidation. PL Capital points out that RSI readings suggest renewed strength, and the chart remains technically robust. The stock could rise up to ₹4,550 — about 31% upside from current levels — with ₹3,100 marking the key support zone in case of a pullback.
7 / 9Hi-Tech Pipes | PL Capital notes that rising volumes and a steady RSI suggest renewed momentum, with the stock poised for a fresh upward move towards ₹165 — offering an upside of nearly 38% — while ₹106 remains a key support level.
8 / 9Va Tech Wabag | PL Capital believes the stock is positioned for a rebound as RSI trends improve. With bullish momentum building, it expects a potential move towards ₹1,900 — an upside of roughly 33% — while ₹1,270 remains the stop level.
9 / 9V-Mart Retail | PL Capital highlights a flag pattern on the daily chart, supported by rising volumes and an improving RSI. The firm sees the potential for a fresh rally towards ₹1,130 — nearly 35% higher — while ₹730 provides the near-term support base.
