​Technical stock picks! 3 shares that could give up to 15% return this May. Do you own any?

With the past four months’ downtrend, the Nifty has witnessed a bounce-back rally, reflecting positive sentiments. This buying momentum was observed from the “multi-month support zone” of 22,500-22,300 levels, which remains a crucial demand zone. Axis says investors are encouraged to adopt a buy-on-dips strategy, as short-term corrections offer attractive entry opportunities. The short-term trend appears bullish from current levels, with an expected upside of 24,600-25,000- 25,300 levels. On the downside, it expects the 23,500-23,200-22,500 levels to act as a strong demand zone. However, any violation of this support zone on a weekly closing basis may cause weakness. Here are Axis' technical picks.

CMP: Rs 4,987Buying range: Rs 4,860-4,960Stop loss: Rs 4,675Target: Rs 5,665-5,430Upside: 13.5%
The company’s Q4 net profit rose 25.5% year-on-year to Rs 284 crore, compared with Rs 227 crore in the same period last year. Revenue increased 19.3% to Rs 3,476.3 crore, reflecting steady execution and demand momentum across infrastructure and industrial segments.

CMP: Rs 2,901Buying range: Rs 2,840-2,900Stop loss: Rs 2,727Target: Rs 3,186-3,329Upside: 15%
The company is engaged in producing viscose and chemicals. The Company's segments include Viscose, Chemicals, Cement, Financial Services and Equity Broking. The Viscose segment includes viscose staple fiber, wood pulp and viscose filament yarn.

CMP: Rs 402Buying range: Rs 375-385Stop loss: Rs 359Target: Rs 427-448Upside: 11.4
Bengaluru-based Biocon Ltd reported a sharp 63% year-on-year (YoY) fall in its fourth-quarter consolidated net profit to Rs 126 crore, despite growth in its core businesses, due to an impact of exceptional charges. The company incurred an exceptional charge of Rs 80 crore during the quarter linked to business integration.