Bharti Airtel, L&T Technology and 3 more: Axis Direct recommends buying these stocks for 5-15 day; check targets, stop losses
Axis Direct Top Stocks: Before the market opening on Wednesday, Axis Direct picked five stocks that can generate profits in 0 to 15 days. These are L&T Technology, Bharti Airtel, and three more. Check targets -
Axis Direct Top Stocks: In Tuesday's session, domestic stock market indices witnessed a steep decline, as weak earnings reports and sustained foreign outflows weighed on investor sentiment. Amid this, the brokerage Axis Direct has recommended five stocks that can generate profits in 0 to 15 days.
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.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended five stocks including Rainbow Children's Medicare Ltd, L&T Technology, Bharti Airtel, Jubilant Pharmova Ltd, and I G Petrochemicals Ltd.
Axis Direct Stocks: Check Targets
These stocks can generate huge profits in the next 0-15 days.
L&T Technology EQ Share Price Target
The first stock picked by Axis Direct is L&T Technology. This stock is currently trading at Rs 5278.85. The brokerage has given a target price of Rs 5,770 with a stop loss of Rs 5,157. The recommended entry price ranges from Rs 5,218 to Rs 5,271.
Target Price: Rs 5,770
Stop Loss: Rs 5,157
Rainbow Children's Medicare Ltd EQ Share Price Target
The second stock picked by the brokerage is Rainbow Children's Medicare Ltd, with a target price of Rs 1,775 and a stop loss of Rs 1,580. The recommended entry price ranges from Rs 1,605 to Rs 1,622.
Target Price: Rs 1,775
Stop Loss: Rs 1,580
Bharti Airtel EQ Share Price Target
The third stock picked by Axis Direct is the Bharti Airtel. This stock is currently trading at Rs 1555.65. Brokerage has given a target price of Rs 1,770. While the stop loss for the stock is Rs 1,560. The recommended entry price ranges from Rs 1,573 to Rs 1,589.
Target Price: Rs 1,770
Stop Loss: Rs 1,560
Jubilant Pharmova Ltd EQ Share Price Target
Axis Direct has given a BUY recommendation to Jubilant Pharmova Ltd as well. The stock is currently trading at Rs 1190.3. The target price of the stock is Rs 1,437 with a stop loss of Rs 1,213. The recommended entry price ranges from Rs 1,256 to Rs 1,269.
Target Price: Rs 1,437
Stop Loss: Rs 1,213
I G Petrochemicals Ltd EQ Share Price Target
Axis Direct also picked I G Petrochemicals Ltd. The stock is currently trading at Rs 567.3. The brokerage has recommended a target price of Rs 653 for the stock with a stop loss of Rs 565. The recommended entry price ranges from Rs 582 to Rs 587.
Target Price: Rs 653
Stop Loss: Rs 565