IndiGo, L&T and 3 more: Axis Direct recommends buying 5 stocks for 5-15 days | Check targets, stop losses

Axis Direct Top Stocks: In Wednesday's session, domestic equity benchmarks ended a session full of seesaw moves on a negative note as selling pressure in energy and automobile shares outweighed buying interest in FMCG stocks. At closing, both headline indices finished the day about half a per cent lower, with the Sensex shedding 398.1 points to settle at 81,523.2. The Nifty50 settled at 24,918.5, down 122.7 points, or 0.5 per cent, 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 Larsen & Toubro, Sun Pharma, Havells India, Olectra Greentec, and IndiGo. These stocks can generate huge profits in the next 5-15 days.

Larsen & Toubro EQ Share Price Target

The first stock picked by Axis Direct is Larsen & Toubro Limited. This stock is currently trading at Rs 3536.95. The brokerage has given a target price of Rs 3,780 with a stop loss of Rs 3,540. The recommended entry price ranges from Rs 3,570 to Rs 3,600. 
Target Price: Rs 3,780
Stop Loss: Rs 3,540

Sun Pharma Industries Ltd. EQ Share Price Target

The second stock picked by the brokerage is Sun Pharmaceutical Industries Ltd., with a booking profit of Rs 1,846 and a stop loss of Rs 1,800. The recommended entry price ranges from Rs 1,815 to Rs 1,837.
Booking Profit At: Rs 1,846
Stop Loss: Rs 1,800

Havells India EQ Share Price Target

The third stock picked by Axis Direct is Havells India Limited. This stock is currently trading at Rs 1957.6. Brokerage has suggested booking profit at Rs 1,951. While the stop loss for the stock is Rs 1,895. The recommended entry price ranges from Rs 1,910 to Rs 1,929.
Booking Profit At: Rs 1,951
Stop Loss: Rs 1,895

Olectra Greentec EQ Share Price Target

Axis Direct also picked Olectra Greentech Limited. The brokerage has given a target price of Rs 1,724 for the stock with a stop loss of Rs 1,580. The recommended entry price ranges from Rs 1,595 to Rs 1,616.
Target Price: Rs 1,724
Stoploss: Rs 1,580

InterGlobe Aviation EQ Share Price Target

Axis Direct has given a BUY recommendation to InterGlobe Aviation, commonly known as IndiGo. The stock is currently trading at Rs 4900.4. The target price of the stock is Rs 5,074 with a stop loss of Rs 4,850. The recommended entry price ranges from Rs 4,855 to Rs 4,906.
Target Price: Rs 5,074
Stop Loss: Rs 4,850

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.