Bata India, Marico, Latent View: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: In Tuesday's session, domestic equity benchmarks scaled record closing highs amid a broad-based rally led by strong buying interest in auto, FMCG and financial stocks. The Sensex rising 391.3 points to end at 80,351.6 and the broader, 50-scrip gauge settling at 24,433.2, up 112.7 points for the day. Amid this, bBrokerage firm Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
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.
Stocks to Buy: Axis Direct's Pick
The brokerage firm has recommended five stocks including Bata India, Marico, Life Insurance, Latent View and Greaves Cotton. These stocks can generate huge profits in the next 5-15 days.
Bata India EQ
The first stock picked by Axis Direct is Bata India. This stock is currently trading at Rs 1540.65. The brokerage has given a target price of Rs 1,640 with a stop loss of Rs 1,500. The recommended entry price ranges from Rs 1,520 to Rs 1,542.
Target Price: Rs 1,640
Stop Loss: Rs 1,500
Marico EQ
The second stock picked by the brokerage firm is Marico, with a target price of Rs 702 and a stop loss of Rs 630. The recommended entry price ranges from Rs 642 to Rs 648.
Target Price: Rs 702
Stop Loss: Rs 630
Life Insurance EQ
The brokerage firm has a BUY recommendation on Life Insurance as well. The stock is currently trading at Rs 1049.5. The target price of the stock is Rs 1,140 with a stop loss of Rs 1,015. The recommended entry price ranges from Rs 1,032 to Rs 1,050.
Target Price: Rs 1,140
Stop Loss: Rs 1,015
Latent View EQ
Axis Direct has given a BUY recommendation to Latent View as well. The stock is currently trading at Rs 519.65. The target price of the stock is Rs 574 with a stop loss of Rs 510.
Target Price: Rs 574
Stoploss: Rs 510
Greaves Cotton EQ
Axis Direct also picked Greaves Cotton. The brokerage has given a target price of Rs 185 for the stock with a stop loss of Rs 164. The recommended entry price is Rs 168.
Target Price: Rs 185
Stoploss: Rs 164