HDFC Securities lists six stocks with target price ranges for Diwali 2026 Muhurat trading

HDFC Securities has published a technical report for the Diwali 2026 Muhurat trading session, identifying six stocks it considers to have upside potential through the next Diwali. The brokerage provides entry ranges, two price targets and closing-basis stop-loss levels for each recommendation and notes that the report should not be the sole basis for investment decisions.

The first pick, Bharat Petroleum Corporation Ltd (BPCL), is suggested in the ₹304–315 range with price targets of ₹342 and ₹366 and a stop loss of ₹274. HDFC Securities said, "> The Aug-Oct falling channel has been broken on the upside, with higher lows from 277-280. An inverse head and shoulders (head near 277) has formed since 8 Oct; today's close above the 296-300 neckline completes it."

HCL Technologies is recommended in the ₹1,405–1,440 entry band, with targets of ₹1,580 and ₹1,686 and a stop loss of ₹1,250. The brokerage noted, "> Stock price has broken out from inverted head and shoulder pattern on the weekly chart. Price breakout is accompanied with jump in volumes on weekly charts."

IIFL Finance is listed with an entry range of ₹578–600, targets of ₹670 and ₹720 and a stop loss of ₹510. The analysis points to a recovery after a recent correction and higher trading volumes.

JSW Steel is advised in the ₹1,340–1,383 range, with targets of ₹1,505 and ₹1,600 and a stop loss of ₹1,195, citing a breakout above a weekly trend line and momentum indicators above neutral levels.

Satin Creditcare receives the highest projected upside, with an entry range of ₹256–265, targets of ₹300 and ₹330 and a stop loss of ₹220. HDFC Securities said, "> The breakout was accompanied with a positive MA crossover as the 20-week SMA moved above the 50-week SMA. The stock then gradually moved higher before pulling back in the months of July-September 2026 to test a low of 210."

Zensar Technologies is recommended in the ₹533–548 band, with targets of ₹615 and ₹666 and a stop loss of ₹469, supported by a higher-bottom reversal pattern and positive RSI divergence.

The report covers the period up to the next Diwali and includes a disclaimer that the views expressed are those of the analysts and not of Mint.