Federal Bank, TCS and 3 more: Axis Direct recommends buying 5 stocks for 5-15 days | Check targets, stop losses

Axis Direct Top Stocks: On Tuesday, domestic equity benchmarks ended a session that started on a strong note largely flat, as selling pressure in financial stocks offset buying interest in IT and metal shares. At the end of the day, the Nifty50 stood 1.4 point stronger at a record 25,940.4 while the leaner, 30-scrip gauge settled at 84,914, down 14.6 points from its previous close. Amid this, brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.

Stocks to Buy: Axis Direct's Pick

The brokerage has recommended five stocks including Federal Bank, TCS, Biocon, HCL Technologies, and NLC India. These stocks can generate huge profits in the next 5-15 days.

Federal Bank EQ Share Price Target

The first stock picked by Axis Direct is Federal Bank. This stock is currently trading at Rs 190.71. The brokerage has given a target price of Rs 197 with a stop loss of Rs 187. The recommended entry price is Rs 191. 
Target Price: Rs 197
Stop Loss: Rs 187

TCS EQ Share Price Target

The second stock picked by the brokerage is Tata Consultancy Services, with a target price of Rs 4,350 and a stop loss of Rs 4,245. The recommended entry price is Rs 4,285.
Target Price: Rs 4,350
Stop Loss: Rs 4,245

Biocon EQ Share Price Target

The third stock picked by Axis Direct is Biocon. This stock is currently trading at Rs 375.85. Brokerage has given a target price of Rs 400. While the stop loss for the stock is Rs 365. The recommended entry price ranges from Rs 370 to Rs 376.
Target: Rs 400
Stop Loss: Rs 365

HCL Technologies EQ Share Price Target

Axis Direct has given a BUY recommendation to HCL Technologies as well. The stock is currently trading at Rs 1775.6. The target price of the stock is Rs 1,890 with a stop loss of Rs 1,730. The recommended entry price ranges from Rs 1,750 to Rs 1,770.
Target Price: Rs 1,890
Stop Loss: Rs 1,730

NLC India EQ Share Price Target

Axis Direct also picked NLC India. The brokerage has given a target price of Rs 315 for the stock with a stop loss of Rs 275. The recommended entry price ranges from Rs 280 to Rs 283.
Target Price: Rs 315
Stoploss: Rs 275

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.