Jubilant Foodworks and 3 more: Axis Direct recommends buying these stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: Ahead of the market opening on Thursday, Axis Direct picked four stocks that can generate profits in 5 to 15 days. These are Jubilant Foodworks and three more. Check targets -
Axis Direct Top Stocks: On Wednesday's session, domestic equities after a solid start ended in the red amid fag end sell-off primarily dragged by heavyweights. At the close, the 30-share Sensex ended with a decline of 0.21 per cent or 167.71 points at 81,467.1, while the Nifty ended below 25,000 levels at 24,981.95, down 0.12 per cent or 31.2 points. Amid this, the brokerage Axis Direct has recommended four stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended four stocks including FDC, Jubilant Foodworks, Godfrey Phillips, and UTI AMC. These stocks can generate huge profits in the next 5-15 days.
FDC EQ Share Price Target
The first stock picked by Axis Direct is FDC Ltd. This stock is currently trading at Rs 534. The brokerage has given a target price of Rs 580 with a stop loss of Rs 511. The recommended entry price ranges from Rs 518 to Rs 524.
Target Price: Rs 580
Stop Loss: Rs 511
Jubilant Foodworks Ltd EQ Share Price Target
The second stock picked by the brokerage is Jubilant Foodworks Ltd, with a target price of Rs 671 and a stop loss of Rs 615. The recommended entry price ranges from Rs 621 to Rs 629.
Target Price: Rs 671
Stop Loss: Rs 615
Godfrey Phillips EQ Share Price Target
The third stock picked by Axis Direct is the Godfrey Phillips. This stock is currently trading at Rs 6884.55. Brokerage has given a target price of Rs 7,767. While the stop loss for the stock is Rs 6,910. The recommended entry price ranges from Rs 7,026 to Rs 7,097.
Target Price: Rs 7,767
Stop Loss: Rs 6,910
UTI AMC EQ Share Price Target
Axis Direct has given a BUY recommendation to UTI AMC as well. The stock is currently trading at Rs 1198.45. The target price of the stock is Rs 1,345 with a stop loss of Rs 1,194. The recommended entry price ranges from Rs 1,212 to Rs 1,227.
Target Price: Rs 1,345
Stop Loss: Rs 1,194
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.
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05:09 PM IST