L&T, Cochin Shipyard 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 Wednesday, Axis Direct picked five stocks that can generate profits in 5 to 15 days. These are L&T, Cochin Shipyard, and three more. Check targets -
Axis Direct Top Stocks To Buy: On Tuesday's session, domestic equities after a weak opening amid mostly weak Asian markets shed their losses to soon trade in the green. At the close, Nifty ended above 25,000 levels at 25,013.15, up 0.9 per cent or 217.4 points, while Sensex ended 0.72 per cent or 584.81 points higher at 81,634.81. Amid this, the 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 Natco Pharma, Cochin Shipyard, Polycab India, Apollo Hospitals and Larsen & Toubro. These stocks can generate huge profits in the next 5-15 days.
Natco Pharma EQ Share Price Target
The first stock picked by Axis Direct is Natco Pharma. This stock is currently trading at Rs 1426.5. The brokerage has given a target price of Rs 1,513 with a stop loss of Rs 1,385. The recommended entry price ranges from Rs 1,402 to Rs 1,416.
Target Price: Rs 1,513
Stop Loss: Rs 1,385
Cochin Shipyard EQ Share Price Target
The second stock picked by the brokerage is Cochin Shipyard, with a target price of Rs 1,833 and a stop loss of Rs 1,565. The recommended entry price ranges from Rs 1,616 to Rs 1,632.
Target Price: Rs 1,833
Stop Loss: Rs 1,565
Polycab India EQ Share Price Target
The third stock picked by Axis Direct is the Polycab India. This stock is currently trading at Rs 7262.75. Brokerage has given a target price of Rs 7,975. While the stop loss for the stock is Rs 7,165. The recommended entry price ranges from Rs 7,214 to Rs 7,287.
Target Price: Rs 7,975
Stop Loss: Rs 7,165
Apollo Hospitals EQ Share Price Target
Axis Direct has given a BUY recommendation to Apollo Hospitals as well. The stock is currently trading at Rs 6924.3. The target price of the stock is Rs 7,250 with a stop loss of Rs 6,790. The recommended entry price ranges from Rs 6,835 to Rs 6,905.
Target Price: Rs 7,250
Stop Loss: Rs 6,790
Larsen & Toubro EQ Share Price Target
Axis Direct also picked Larsen & Toubro. The stock is currently trading at Rs 3532.4. The brokerage has recommended a target price of Rs 3,739 for the stock with a stop loss of Rs 3,435. The recommended entry price ranges from Rs 3,475 to Rs 3,511.
Target Price: Rs 3,739
Stop Loss: Rs 3,435
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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
04:34 PM IST