5 PSU Stocks Poised for Up to 25% Rally as Technical Indicators Flash Green

Amid a volatile market backdrop, five public sector undertakings (PSUs) have emerged as strong contenders for a potential 25% upside by year-end. Technical retracements and resilient support levels suggest a bullish reversal may be underway.

Stock-specific momentum:

- ONGC
- Current Price: Rs 262
- Upside Potential: 21.8%
- Key Support: Rs 255; Rs 230
- Resistance: Rs 282; Rs 300
- Completed 38.2% retracement; poised for bounce toward Rs 319

- Oil India
- Current Price: Rs 509
- Upside Potential: 24.8%
- Support: Rs 462; Rs 441
- Resistance: Rs 579; Rs 600
- Retraced 50% of prior rally; targeting Rs 635 if support holds

- Hindustan Aeronautics Ltd (HAL)
- Current Price: Rs 4,463
- Upside Potential: 21%
- Support: Rs 3,975; Rs 3,750
- Resistance: Rs 4,530; Rs 4,735
- Needs breakout above Rs 4,735 for Rs 5,400 target

- Bharat Electronics Ltd (BEL)
- Current Price: Rs 302
- Upside Potential: 12.6%
- Support: Rs 297; Rs 268
- Resistance: Rs 315
- Attempting to reclaim 20-WMA hurdle

- SJVN
- Current Price: Rs 113
- Upside Potential: 16.8%
- Support: Rs 105; Rs 97
- Resistance: Rs 124
- Weekly super trend line offers strong base for rebound

These stocks have retraced key Fibonacci levels and are now positioned for a technical recovery, provided broader market sentiment remains supportive.

Sources: Business Standard, Economic Times, Trade Brains, Times of India