Castrol India, Dalmia Bharat and more: Axis Direct recommends buying 3 stocks for 5-15 days
Axis Direct Top 3 Stocks: In Friday's session, domestic equities ended on a positive note amid aggressive buying action in IT stocks after TCS posted decent Q1 earnings. Nifty at the close settled with gains of 0.77 per cent or 186.2 at 24,502.15, its fresh closing high, while Sensex also logged its fresh closing highs of 0.8 per cent or 622 points at 80,519.34. Amid this, brokerage 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 three stocks including Castrol India, Dalmia Bharat and Dr Reddy's Labs. These stocks can generate huge profits in the next 5-15 days.
Castrol India EQ
The first stock picked by Axis Direct is Castrol India. This stock is currently trading at Rs 251.58. The brokerage has given a target price of Rs 279 with a stop loss of Rs 248. The recommended entry price ranges from Rs 251.50 to Rs 254.65.
Target Price: Rs 279
Stop Loss: Rs 248
Dalmia Bharat Ltd EQ
The second stock picked by the brokerage firm is Dalmia Bharat Ltd, with a target price of Rs 2,010 and a stop loss of Rs 1,905. The recommended entry price is Rs 1,930.
Target Price: Rs 2,010
Stop Loss: Rs 1,905
Dr Reddy's Labs EQ
The brokerage firm has a BUY recommendation on Dr. Reddy's Laboratories as well. The stock is currently trading at Rs 6719.45. The target price of the stock is Rs 6,800 with a stop loss of Rs 6,620. The recommended entry price is Rs 6,704.
Target Price: Rs 6,800
Stop Loss: Rs 6,620