Apollo Hospitals, SBI Life Insurance, Deepak Nitrite: Axis Direct recommends buying 5 shares for 5-15 days
Axis Securities Top 5 Stocks: The benchmark equity indices gained on Wednesday, June 12 amid buying in market blue-chip stocks. Barring a few sectoral indices, all were in the green. Amid this, brokerage firm Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct's pick
The brokerage firm has recommended five stocks including Apollo Hospitals, Radico Khaitan, SBI Life Insurance, Deepak Nitrite and Eicher Motors. These stocks can generate huge profit in the next 5-15 days.
Apollo Hospitals
The first stock picked by Axis Direct is Apollo Hospitals. This stock is currently trading at Rs 6,160. The brokerage has given a target price of Rs 6,550 with the stop loss of Rs 6,050. The recommended entry price ranges from Rs 6,088 to Rs 6,150.
Target Price: Rs 6,550
Stop Loss: Rs 6,050
Radico Khaitan
The second stock picked by the brokerage firm is Radico Khaitan, with a target price of Rs 1,788 and a stop loss of Rs 1,680. The recommended entry price ranges from Rs 1,690 to Rs 1,707.
Target Price: Rs 1,788
Stop Loss: Rs 1,680
SBI Life Insurance
The brokerage firm has a BUY recommendation on SBI Life Insurance as well. The stock is currently trading at Rs 1452.95. The target price of the stock is Rs 1,537 with the stop loss of Rs 1,413. The recommended entry price ranges from Rs 1,430 to Rs 1,444.
Target Price: Rs 1,537
Stop Loss: Rs 1,413
Deepak Nitrite
Axis Direct has given a BUY recommendation to Deepak Nitrite as well. The stock is currently trading at Rs 2351.8. The target price of the stock is Rs 2,500 with the stop loss of Rs 2,280.
Target Price: Rs 2,500
Stoploss: Rs 2,280
Eicher Motors Future Stake
Axis Direct also picked Eicher Motors. The brokerage has given a target price of Rs 4,950 for the stock with a stop loss of Rs 4,795. The recommended entry price is Rs 4,848.
Target Price: Rs 4,950
Stoploss: Rs 4,795
Disclaimer
The views/suggestions/advices expressed here in this article are solely by brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.