Amol Athawale, Vice President of Technical Research at Kotak Securities, has identified three stocks for short-term investment as the Nifty 50 index shows promising upward momentum. After closing at 24,331 on May 6, the index is supported by positive global market trends, including record highs in Japan, South Korea, and Taiwan, and a recent 8% drop in Brent Crude oil prices to around $102 per barrel. Athawale recommends investing in Cummins India, with a previous close of ₹5,324.50, targeting ₹5,675 and a stop loss at ₹5,120. He notes a bullish trend supported by a rising channel formation. For Rail Vikas Nigam (RVNL), which closed at ₹305.10, a target of ₹325 is set, with a stop loss at ₹292, indicating a potential breakout from a cup and handle formation. Lastly, Eternal, closing at ₹256.05, has a target price of ₹275 and a stop loss at ₹245, with a positive outlook based on its symmetrical triangle pattern. Athawale emphasizes that maintaining positions above these support levels will be crucial for continued bullish momentum.