Stocks to buy: HUL, Grasim, LIC Housing among 9 stocks that can rise 5-17% in short term, say analysts; do you own any?

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₹1,200, supported by a strong bullish candle, suggesting a continuation of the medium-term uptrend. The stock is exhibiting a medium-rising channel trend, finding support at the lower band and poised to advance towards the upper band. It has closed above the daily upper Bollinger band, signalling a buying opportunity in the short term also.

The weekly strength indicator RSI has given a crossover above its reference line, generating a buy signal. Also Read: Stocks to buy: Fincalbes and Petronet among top choices, here's why Mrs. Bectors Food Specialities demonstrates a bullish breakout above the small falling channel formation at ₹1,100 on the weekly chart, signalling the positive bias.

It maintains support above the 38 per cent Fibonacci retracement level of the rally from ₹245-1,374 at ₹942, forming a medium-term base for further potential upward movement. The stock is demonstrating strong support at ₹950, indicating it may serve as a medium-term support level moving forward. The weekly Relative Strength Index (RSI) is in bullish mode and holding above its reference line, suggesting a positive bias in the stock.

Also Read: Why midcaps & smallcaps are seeing steady recovery from their low on March 20 - Explained On the weekly chart, ICICI Prudential Life Insurance Company has broken out above the neckline of an inverted head and shoulders pattern at ₹605, signalling a shift in trend towards a positive bias. After the breakout from the inverted head and shoulders (IHS) pattern, the stock typically experiences increased bullish momentum as it confirms a reversal in the previous downtrend. The stock is maintaining levels above the key moving averages, including the 20, 50, 100, and 200-day SMAs (simple moving averages),