SBI, Tata Consumer, and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses
Axis Direct Stocks To Buy: Before the market opening on Thursday, Axis Direct picked five stocks that can generate profits in 0 to 15 days. These are SBI, Tata Consumer, and three more. Check targets -
Axis Direct Stocks To Buy: In Wednesday's session, domestic stock markets extended their winning streak to a fourth consecutive session on December 4, marking the longest rally in two months. At closing, the Sensex edged up 11 points to close at 80,956, while the Nifty ended 10 points higher at 24,467. Amid this, the brokerage Axis Direct has recommended five stocks that can generate profits in 0 to 15 days.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended five stocks including Muthoot Finance, Colgate-Palmoliv, Cholamandalam Investment, Tata Consumer, and State Bank of India. These stocks can generate huge profits in the next 0-15 days.
Muthoot Finance EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Muthoot Finance. This stock is currently trading at Rs 1947.8. The brokerage has given a target price of Rs 2,115 with a stop loss of Rs 1,895. The recommended entry price ranges from Rs 1,931 to Rs 1,950.
Target Price: Rs 2,115
Stop Loss: Rs 1,895
Colgate-Palmoliv EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Colgate-Palmoliv, with a target price of Rs 3,112 and a stop loss of Rs 2,840. The recommended entry price ranges from Rs 2,879 to Rs 2,908.
Target Price: Rs 3,112
Stop Loss: Rs 2,840
Cholamandalam Investment Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Cholamandalam Investment & Finance Company Ltd. This stock is currently trading at Rs 1292.25. Brokerage has given a target price of Rs 1,373. While the stop loss for the stock is Rs 1,245. The recommended entry price ranges from Rs 1,265 to Rs 1,277.
Target Price: Rs 1,373
Stop Loss: Rs 1,245
Tata Consumer EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to Tata Consumer as well. The stock is currently trading at Rs 961.2. The target price of the stock is Rs 1,041 with a stop loss of Rs 937. The recommended entry price ranges from Rs 954 to Rs 963.
Target Price: Rs 1,041
Stop Loss: Rs 937
State Bank of India EQ Share Price Target (30 Days)
Axis Direct also picked the State Bank of India. The stock is currently trading at Rs 859.7. The brokerage has recommended a target price of Rs 958 for the stock with a stop loss of Rs 838. The recommended entry price ranges from Rs 846 to Rs 864.
Target Price: Rs 958
Stop Loss: Rs 838
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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07:25 PM IST