From Tata Power To IndusInd Bank: Top 3 Stocks To Buy Now For Healthy Returns In The Next 3-4 Weeks of 2026

Based on technical analysis of shares of IndusInd Bank, DOMS Industries, and Tata Power Company, the brokerage company Axis Securities released buy calls. In the following three to four weeks of 2026, the brokerage thinks that these stocks can produce good gains of up to 14%.

Nifty Outlook This Week

"On the weekly chart, Nifty has formed a bullish candle with a lower shadow, highlighting buying interest near the lower band of the rising channel. The index successfully defended the key supports of the channel base and the psychological 26,000 level," said the technical research analysts of Axis Securities.

"For the uptrend to extend, a sustained close above 26,350 is crucial. A decisive move above 26,500 could attract fresh buying, pushing the index toward the 26,600-26,800 zone. On the downside, a break below 26,100 may trigger selling pressure, dragging Nifty toward the 26,000-25,800 support area," they added.

"For the week ahead, Nifty is expected to trade within the 25,700-26,800 range with a positive bias. The weekly RSI has turned positive above its reference levels, reinforcing the underlying bullish momentum," they stated.

Bank Nifty Outlook This Week

"On the weekly chart, the index has formed a bullish candle with a clear higher high-higher low structure, reaffirming a positive trend bias. A sustained move above 60,200 could attract fresh buying and propel Bank Nifty toward the 60,500-61,000 zone. Conversely, a break below 59,700 may trigger profit-booking, dragging the index toward the 59,500-59,000 support band," commented the technical research analysts of Axis Securities.

"For the coming week, Bank Nifty is expected to trade within the 59,000- 61,000 range with a positive bias. Momentum indicators support this outlook, as both the weekly RSI and Stochastic Oscillator have turned positive and remain above their respective reference levels," they further added.

Stocks To Buy This Week

Here are the top 3 stocks to buy this week and hold for 3 to 4 weeks as recommended by Axis Securities.

IndusInd Bank

Buy Range: 890-874, Stop loss: 848, Upside: 8%-14%

• On the weekly chart, INDUSINDBNK has delivered a decisive breakout above the 893 level, completing an ascending triangle pattern and signalling the start of a medium-term uptrend.
• The stock continues to print a higher high-higher low structure and is sustaining above its rising trendline, reinforcing the bullish setup.
• Momentum indicators further support this view, with the weekly RSI trending higher, holding above its reference line, and maintaining an upward-sloping trendline-confirming strong positive bias.
• Overall, the setup points to sustained buying interest with scope for further upside in the medium term.
• The above analysis indicates an upside toward 950-1,006 levels.

DOMS Industries

Buy Range: 2665-2613, Stop loss: 2511, Upside: 10% - 14%

• The stock continues to trade above key moving averages (20-, 50-, 100-, and 200-day SMAs), reflecting strong momentum and a positive bias across both short- and medium-term timeframes.
• Weekly RSI has broken above its horizontal resistance at 50, reinforcing persistent strength and a firming bullish outlook.
• It continues to hold above its reference line, indicating a positive bias.
• The above analysis indicates an upside toward 2,900-3,000 levels.

Tata Power Company

Buy Range: 390-384, Stop loss: 374, Upside: 7%-9%

• On the weekly chart, TATAPOWER remains in a medium-term rising channel and has rebounded sharply after taking support at the lower band this week, signalling renewed buying interest.
• Rising volumes at the support zone confirm increased participation and conviction.
• The stock has rebounded sharply from the 50% Fibonacci retracement of the Feb'25 till Jun'25 rally, reaffirming the 372 zone as a solid support base.
• The weekly RSI has delivered a positive crossover above its reference line, generating a fresh buy signal, while its rebound from the 44 support level reinforces underlying strength.
• Weekly RSI gives a crossover above its reference line, validating the strength in price action.
• The above analysis indicates an upside toward 413-420 levels.

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