Colgate, Bharat Forge and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses

Axis Direct Top Stocks: In  Wednesday's session, domestic equity markets started lower after the US released its Fed minutes. At the opening, Nifty was down 0.08 per cent or 18.4 at 24,176.1, while the Sensex declined 0.1 per cent or 78.48 at 79,925.58. Amid this, the brokerage Axis Direct has recommended five stocks that can generate profits in 0 to 15 days.

Stocks to Buy: Axis Direct's Pick

The brokerage has recommended five stocks including Colgate-Palmolive, Dr Lal Pathlabs, Bharat Forge, ABB India Ltd, and Ashok Leyland. These stocks can generate huge profits in the next 0-15 days.

Colgate-Palmolive EQ Share Price Target

The first stock picked by Axis Direct is Colgate-Palmolive (India) Ltd. This stock is currently trading at Rs 3007.45. The brokerage has given a target price of Rs 3,250 with a stop loss of Rs 2,902. The recommended entry price ranges from Rs 2,948 to Rs 2,996. 
Target Price: Rs 3,250
Stop Loss: Rs 2,902

Dr Lal Pathlabs EQ Share Price Target

The second stock picked by the brokerage is Dr Lal Pathlabs, with a target price of Rs 3,249 and a stop loss of Rs 3,045. The recommended entry price ranges from Rs 3,066 to Rs 3,096.
Target Price: Rs 3,249
Stop Loss: Rs 3, 045

Bharat Forge EQ Share Price Target

The third stock picked by Axis Direct is Bharat Forge Ltd. This stock is currently trading at Rs 1331.4. Brokerage has given a target price of Rs 1,427. While the stop loss for the stock is Rs 1,295. The recommended entry price ranges from Rs 1,315 to Rs 1,328.
Target Price: Rs 1,427
Stop Loss: Rs 1,295

A B B EQ Share Price Target

Axis Direct has given a BUY recommendation to ABB India Ltd as well. The stock is currently trading at Rs 7520.95. The target price of the stock is Rs 7,511.80 with a stop loss of Rs 7,225. The recommended entry price ranges from Rs 7,270 to Rs 7,351.
Target Price: Rs 7,511.80
Stop Loss: Rs 7,225

Ashok Leyland EQ Share Price Target

Axis Direct also picked Ashok Leyland Ltd. The stock is currently trading at Rs 235.11. The brokerage has recommended a target price of Rs 262 for the stock with a stop loss of Rs 230. The recommended entry price ranges from Rs 232.60 to Rs 235.
Target Price: Rs 262
Stop Loss: Rs 230

Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.