Gujarat Fluorochemicals, Bhageria Industries, HBL Power System: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: In Friday's session, domestic equity benchmarks finished a volatile session largely unchanged, with the 50-scrip Nifty50 managing to register a fresh record closing high, as buying interest in energy and FMCG shares was countered by selling pressure in financial, IT and auto stocks. 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 five stocks including Bhageria Industries, Gujarat Fluoroch, Aditya AMC, CESC and HBL Power System. These stocks can generate huge profits in the next 5-15 days.
Bhageria Industries EQ
The first stock picked by Axis Direct is Bhageria Industries. This stock is currently trading at Rs 176.75. The brokerage has given a target price of Rs 192 with a stop loss of Rs 168. The recommended entry price ranges from Rs 173 to Rs 174.
Target Price: Rs 192
Stop Loss: Rs 168
Gujarat Fluorochemicals Limited EQ
The second stock picked by the brokerage firm is Gujarat Fluorochemicals, with a target price of Rs 3,485 and a stop loss of Rs 3,200. The recommended entry price ranges from Rs 3,236 to Rs 3,268.
Target Price: Rs 3,485
Stop Loss: Rs 3,200
Aditya AMC EQ
The brokerage firm has a BUY recommendation on Aditya AMC as well. The stock is currently trading at Rs 659.55. The target price of the stock is Rs 705 with a stop loss of Rs 640. The recommended entry price ranges from Rs 648 to Rs 662.
Target Price: Rs 705
Stop Loss: Rs 640
HBL Power System EQ
Axis Direct also picked HBL Power System. The brokerage has given a target price of Rs 570 for the stock with a stop loss of Rs 505.50. The recommended entry price ranges from Rs 513.80 to Rs 519.
Target Price: Rs 570
Stoploss: Rs 505.50
CESC EQ
Axis Direct has given a BUY recommendation to CESC as well. The stock is currently trading at Rs 168.02. The target price of the stock is Rs 180 with a stop loss of Rs 157.
Target Price: Rs 180
Stoploss: Rs 157