Largecap, Midcap, Smallcap Stocks To Buy: Axis Direct recommends buying Bharti Airtel, Lemon Tree Hotel, 5 other stocks for up to 1 month; note down targets
Axis Direct Stocks To Buy: Ahead of the market opening on Thursday, Axis Direct picked seven stocks that can generate profits in 0 to 30 days. These are Bharti Airtel, Lemon Tree Hotel and five others. Note down targets -
Axis Direct Stocks To Buy: In Wednesday's session, domestic equity markets closed with minor losses, as muted global cues weighed on investor sentiment. With this, the brokerage Axis Direct has recommended three stocks that could generate profits in two weeks.
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.
Stock Market Update
At closing, the BSE Sensex ended 50.62 points lower at 78,148.77 while the Nifty50 shed 18.95 points, settling at 23,688.95.
Stocks to Buy: Axis Direct's Pick
The seven stocks recommended by the brokerage are Lemon Tree Hotel, Zensar Technologies, J B Chemicals & Pharma, Bharti Airtel, Bajaj Finserv, Deep Industries and Poonawalla Fincorp. These stocks can generate huge profits in the next 0-30 days.
Lemon Tree Hotel EQ Share Price Target (5-30 Days)
The first stock picked by Axis Direct is Lemon Tree Hotels Ltd. This stock is currently trading at Rs 147.32. The brokerage has given a target price of Rs 161 with a stop loss of Rs 137. The recommended entry price is Rs 146.
Target Price: Rs 161
Stop Loss: Rs 137
Zensar Technologies EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Zensar Technologies Ltd, with a target price of Rs 902 and a stop loss of Rs 758. The recommended entry price ranges from Rs 787 to Rs 794.
Target Price: Rs 902
Stop Loss: Rs 758
J B Chemicals EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is J B Chemicals & Pharmaceuticals Ltd. This stock is currently trading at Rs 1896.35. The brokerage has given a target price of Rs 2,045 with a stop loss of Rs 1,865. The recommended entry price ranges from Rs 1,888 to Rs 1,908.
Target Price: Rs 2,045
Stop Loss: Rs 1,865
Bharti Airtel EQ Share Price Target (0-15 Days)
Axis Direct also picked Bharti Airtel Ltd. The stock is currently trading at Rs 1599.2. The brokerage has recommended a target price of Rs 1,706 for the stock with a stop loss of Rs 1,570. The recommended entry price ranges from Rs 1,585 to Rs 1,604.
Target Price: Rs 1,706
Stop Loss: Rs 1,570
Bajaj Finserv EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to Maharashtra Seamless Ltd as well. The stock is currently trading at Rs 1,697. The target price of the stock is Rs 1,793 with a stop loss of Rs 1,665. The recommended entry price ranges from Rs 1,680 to Rs 1,697.
Target Price: Rs 1,793
Stop Loss: Rs 1,665
Deep Industries EQ Share Price Target (0-15 Days)
Axis Direct also picked Deep Industries Ltd. The stock is currently trading at Rs 605.95. The brokerage has recommended a target price of Rs 678 for the stock with a stop loss of Rs 598. The recommended entry price ranges from Rs 607 to Rs 615.
Target Price: Rs 678
Stop Loss: Rs 598
Poonawalla Fincorp EQ Share Price Target (0-15 Days)
Axis Direct also picked Poonawalla Fincorp Ltd. The stock is currently trading at Rs 321.8. The brokerage has recommended a target price of Rs 350 for the stock with a stop loss of Rs 314. The recommended entry price ranges from Rs 318 to Rs 323.
Target Price: Rs 350
Stop Loss: Rs 314