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Tech picks: Adani Ports, Data Patterns among 5 stocks that could give up to 23% returns in short term

·Economic Times·Impact 3/5 · Notable

Technical analysts have identified five stocks that could potentially offer significant returns in the short term. These stocks are Adani Ports, Data Patterns, Black Box, ABSL AMC, and Torrent Pharma, which are expected to give up to 23% returns. This recommendation comes as markets face various uncertainties, including crude oil prices, geopolitical tensions, and the impact of the Federal Reserve's decisions. As investors navigate these challenges, these stocks may provide opportunities for growth.

Read the source report: Economic Times →

Why it matters

Technical analysts are recommending stocks with upside potential. This could lead to increased investor confidence and higher stock prices.

Market impact

Impact score
3 / 5
Market signal
Positive / risk-on
Category
Market moves
Model confidence
60%

Markets & countries in focus

United States

Transmission channels

Technical recommendationsInvestor confidence boostStock price increaseMarket sentiment improvementEconomic growth

Likely winners & losers

Winners

  • Indian equities
  • Pharmaceutical stocks
  • Port operators

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.