Axis Direct Top Stocks: In Wednesday's session, BSE Sensex closed with a gain of 901.50 points, or 1.13 per cent, ending at 80,378.13, while the NSE Nifty rose by 270.70 points, or 1.12 per cent, to 24,484.00. 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

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The brokerage has recommended five stocks including I G Petrochemicals Ltd, Tejas Networks, Gujarat Alkalies, Lloyds Metals, and Globus Spirits. These stocks can generate huge profits in the next 0-15 days.

I G Petrochemicals Ltd EQ Share Price Target

The first stock picked by Axis Direct is I G Petrochemicals Ltd. This stock is currently trading at Rs 588.4. The brokerage has given a target price of Rs 653 with a stop loss of Rs 565. The recommended entry price ranges from Rs 582 to Rs 587. 
Target Price: Rs 653
Stop Loss: Rs 565

Tejas Networks EQ Share Price Target

The second stock picked by the brokerage is Tejas Networks, with a target price of Rs 1,493 and a stop loss of Rs 1,325. The recommended entry price ranges from Rs 1,350 to Rs 1,367.
Target Price: Rs 1,493
Stop Loss: Rs 1,325

Gujarat Alkalies EQ Share Price Target

The third stock picked by Axis Direct is the Gujarat Alkalies. This stock is currently trading at Rs 875.95. Brokerage has given a target price of Rs 937. While the stop loss for the stock is Rs 845. The recommended entry price ranges from Rs 860 to Rs 868.
Target Price: Rs 937
Stop Loss: Rs 845

Lloyds Metals EQ Share Price Target

Axis Direct has given a BUY recommendation to Lloyds Metals as well. The stock is currently trading at Rs 1016.05. The target price of the stock is Rs 1,090 with a stop loss of Rs 971. The recommended entry price ranges from Rs 989 to Rs 999.
Target Price: Rs 1,090
Stop Loss: Rs 971

Globus Spirits EQ Share Price Target

Axis Direct also picked Globus Spirits. The stock is currently trading at Rs 1097.1. The brokerage has recommended a target price of Rs 1,217 for the stock with a stop loss of Rs 1,025. The recommended entry price ranges from Rs 1,063 to Rs 1,073.
Target Price: Rs 1,217
Stop Loss: Rs 1,025

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.