Voltas, Jubilant FoodWorks and 3 more: Axis Direct recommends buying 5 stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: In Thursdays session, domestic equities ended with gains after starting at fresh record highs after an oversized rate cut by the Federal Reserve. Amid this, brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Axis Direct Top Stocks: In Thursday's session, domestic equities ended with gains after starting at fresh record highs after an oversized rate cut by the Federal Reserve. At the close, Nifty settled below 25,450 levels at 25,415.8, up 0.15 per cent or 38.25 points falling from record highs scaled today, while the Sensex ended 0.22 per cent or 185.66 points higher at 83,133.89. 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 Voltas, Jubilant FoodWorks, ICICI Bank, Nestle India, and CreditAccess Grameen. These stocks can generate huge profits in the next 5-15 days.
Voltas EQ Share Price Target
The first stock picked by Axis Direct is Voltas. This stock is currently trading at Rs 1929.2. The brokerage has given a target price of Rs 1,960 with a stop loss of Rs 1,895. The recommended entry price is Rs 1,918.
Target Price: Rs 1,960
Stop Loss: Rs 1,895
Jubilant FoodWorks EQ Share Price Target
The second stock picked by the brokerage is Jubilant FoodWorks Limited, with a target price of Rs 730 and a stop loss of Rs 676. The recommended entry price is Rs 687.
Target Price: Rs 730
Stop Loss: Rs 676
ICICI Bank EQ Share Price Target
The third stock picked by Axis Direct is ICICI Bank. This stock is currently trading at Rs 1292. Brokerage has given a target price of Rs 1350. While the stop loss for the stock is Rs 1292. The recommended entry price is Rs 1,293.
Target: Rs 1350
Stop Loss: Rs 1292
Nestle India EQ Share Price Target
Axis Direct has given a BUY recommendation to Nestle India as well. The stock is currently trading at Rs 2634.2. The target price of the stock is Rs 2,710 with a stop loss of Rs 2,615. The recommended entry price is Rs 2,653.
Target Price: Rs 2,710
Stop Loss: Rs 2,615
CreditAccess Grameen EQ Share Price Target
Axis Direct also picked CreditAccess Grameen Limited. The brokerage has given a target price of Rs 1,341 for the stock with a stop loss of Rs 1,225. The recommended entry price ranges from Rs 1,242 to Rs 1,254.
Target Price: Rs 1,341
Stoploss: Rs 1,225
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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