RVNL and 4 more: Axis Direct recommends buying 5 stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: The brokerage has recommended five stocks including Rail Vikas, and 4 more. These stocks can generate huge profits in the next 5-15 days. Check targets and stoploss:
Axis Direct Top Stocks: In Thursday's session, domestic equities ended lower for the second consecutive day. At closing, nifty ended below 25,150 levels at 25,145.1, down 53.6 points or 0.21 per cent while the Sensex gave up 0.18 per cent or 151.48 points and ended at 82,201.16 levels. 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 Rail Vikas, Chambal Fertilisers, UPL, Gujarat State Petronet and Dredging Corporation. These stocks can generate huge profits in the next 5-15 days.
Rail Vikas EQ Share Price Target
The first stock picked by Axis Direct is Rail Vikas. This stock is currently trading at Rs 581.85. The brokerage has given a target price of Rs 655 with a stop loss of Rs 582. The recommended entry price ranges from Rs 590 to Rs 602.
Target Price: Rs 655
Stop Loss: Rs 582
Chambal Fertilisers EQ Share Price Target
The second stock picked by the brokerage is Chambal Fertilisers, with a target price of Rs 569 and a stop loss of Rs 513. The recommended entry price ranges from Rs 522 to Rs 527.
Target Price: Rs 569
Stop Loss: Rs 513
UPL EQ Share Price Target
The third stock picked by Axis Direct is UPL. This stock is currently trading at Rs 618.7. The brokerage has given a target price of Rs 648 with a stop loss of Rs 608. The recommended entry price is Rs 619.
Target Price: Rs 648
Stop Loss: Rs 608
Gujarat State Petronet Ltd EQ Share Price Target
Axis Direct also picked Gujarat State Petronet Ltd. The brokerage has given a target price of Rs 505 for the stock with a stop loss of Rs 445. The recommended entry price ranges from Rs 455 to Rs 460.
Target Price: Rs 505
Stoploss: Rs 445
Dredging Corporation EQ Share Price Target
Axis Direct has given a BUY recommendation to Dredging Corporation Of India as well. The stock is currently trading at Rs 938.95. The target price of the stock is Rs 1,065 with a stop loss of Rs 895. The recommended entry price ranges from Rs 915 to Rs 940.
Target Price: Rs 1,065
Stop Loss: Rs 895
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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