5 stocks Axis Direct is positive on for 5-15 days; check out targets here
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, here are four stocks that brokerage Axis Direct is positive on from a 5-15-day perspective.
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 Dabur India, Aarti Surfactant, CEAT, Latent View and Blue Star. These stocks can generate huge profits in the next 5-15 days.
Marico EQ
The first stock picked by Axis Direct is Marico. The brokerage has given a target price of Rs 702 with a stop loss of Rs 630.
Target Price: Rs 702
Stop Loss: Rs 630
Aarti Surfactant EQ
The second stock picked by the brokerage firm is Aarti Surfactant, with a target price of Rs 820 and a stop loss of Rs 712. The recommended entry price ranges from Rs 730 to Rs 746.
Target Price: Rs 820
Stop Loss: Rs 712
CEAT EQ
The brokerage firm has a BUY recommendation on CEAT as well. The stock is currently trading at Rs 2724.3. The target price of the stock is Rs 2,906 with a stop loss of Rs 2,618. The recommended entry price ranges from Rs 2,664 to Rs 2,690.
Target Price: Rs 2,906
Stop Loss: Rs 2,618
Latent View EQ
Axis Direct has given a BUY recommendation to Latent View as well. The stock is currently trading at Rs 530.45. The target price of the stock is Rs 574 with a stop loss of Rs 510.
Target Price: Rs 574
Stoploss: Rs 510
Blue Star EQ
Axis Direct also picked Blue Star. The brokerage has given a target price of Rs 1,799 for the stock with a stop loss of Rs 1,685. The recommended entry price ranges from Rs 1,700 to Rs 1,724.
Target Price: Rs 1,799
Stoploss: Rs 1,685