Technical Diwali Picks 2025

As we step into Q3 of FY 2025–26, the Indian equity markets are entering a decisive phase. Market participants are keenly watching the upcoming earnings season and the much-awaited Indo–US trade deal, expected around November.

This financial year has already witnessed two key policy reforms — GST rate rationalisation and the revised personal income tax structure. Complementing these fiscal initiatives, the RBI has also stepped up with multiple rate cuts, with another likely move expected soon to further support growth momentum.

After nearly a year of relative underperformance, market conditions are gradually turning favourable for equities. The macro setup now points toward a steady revival in sentiment and risk appetite, setting the stage for potential outperformance in select pockets of the market.

🎯 Technical Diwali Stock Picks 2025 by JM Financial Services

With this positive backdrop, our research team at JM Financial Services has curated a basket of five high-conviction technical ideas. These stocks, in our view, hold the potential to deliver meaningful outperformance from this Diwali to the next.

The selections are based on technical strength, price patterns, volume action, and relative performance across sectors.

📈 Top 5 JM Technical Diwali Picks (2025–2026)

Stock	Cost Price (₹)	CMP (₹)	Target (₹)	% Upside
SAMMAANCAP	162.7	162.4	300	84%
HINDCOPPER	344.1	344.25	600	74%
BANKINDIA	127.1	127.25	200	57%
BORORENEW	600.0	598.7	1000	67%
SWIGGY	429.6	429.65	550	28%
Average Upside				62%

Note:
Initiation Date: 10th October 2025
Investment Horizon: 1 Year
Stop Loss: 20% on Basket Level

💡 Our Take: Why This Basket Stands Out

1. Sector Diversification:
   The portfolio spans across financials, commodities, renewables, and consumer tech, offering a balance between cyclicals and growth.
2. Technical Strength:
   Each pick displays positive trend momentum, strong price volume confirmation, and resilient support levels on long-term charts.
3. Favorable Macro Environment:
   With policy reforms, rate cuts, and a potential trade boost, the macro setup supports a bullish outlook on domestic equities.
4. Attractive Risk-Reward:
   The average expected upside of 62% over a one-year period provides a compelling case for medium-term investors.

🧭 Investment Strategy

Investors can look to accumulate these stocks at current market prices or on dips over the coming weeks.
A basket-based approach helps diversify risk while maintaining upside exposure to market outperformers.

For seamless investment execution, research insights, and risk management tools, investors can access these recommendations through their JM Financial Services trading account.

Start your Diwali investments with JM Financial Services — a trusted partner for equity research, technical analysis, and long-term wealth creation.

FAQs :-

1. Are these Diwali stock picks suitable for long-term investors?
Yes. The recommended time frame is one year, but fundamentally strong names like Bank of India and Hindustan Copper can also be held longer.

2. How were these stocks selected?
Our technical research desk at JM Financial Services screened stocks based on trend analysis, chart breakouts, and volume confirmations.

3. What is the risk management plan?
A stop loss (SL) at 20% of the basket level helps manage overall downside risk effectively.

4. Can I invest in these stocks via JM Financial Services?
Yes. You can log in to your JM Financial online trading account or visit jmfinancialservices.in to place trades.

5. What should investors watch next?
Key catalysts include Q3 earnings, RBI’s next policy, and the outcome of the Indo–US trade deal, all of which could influence short-term market momentum.

Source :- JM Financial Services Research Team