HDFC Bank, Persistent Sys, NBCC: Axis Direct recommends buying 5 shares for 5-15 days
Axis Direct Top 5 Stocks: In Tuesday’s session, domestic equity benchmarks ended with minor cut after logging fresh highs in intra-day trade amid selling pressure in banking, FMCG and auto stocks. The BSE Sensex lost 34.7 points to settle at 79,441.5, while the Nifty50 ended at 24,123.9, down 18.1 points for the day. 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 HDFC Bank, Persistent Sys, NBCC, Bombay Dyeing and Andhra Paper. These stocks can generate huge profit in the next 5-15 days.
HDFC Bank EQ
The first stock picked by Axis Direct is HDFC Bank. This stock is currently trading at Rs 1730.6. The brokerage has given a target price of Rs 1,770 with a stop loss of Rs 1,705. The recommended entry price is Rs 1,732.
Target Price: Rs 1,770
Stop Loss: Rs 1,705
Persistent Sys EQ
The second stock picked by the brokerage firm is Persistent Sys, with a target price of Rs 4,640 and a stop loss of Rs 4,475. The recommended entry price is Rs 4,509.
Target Price: Rs 4,640
Stop Loss: Rs 4,475
NBCC EQ
The brokerage firm has a BUY recommendation on NBCC as well. The stock is currently trading at Rs 162.28. The target price of the stock is Rs 180 with a stop loss of Rs 157.20. The recommended entry price ranges from Rs 159.80 to Rs 161.80.
Target Price: Rs 180
Stop Loss: Rs 157.20
Bombay Dyeing EQ
Axis Direct has given a BUY recommendation to Bombay Dyeing as well. The stock is currently trading at Rs 216.58. The target price of the stock is Rs 235 with a stop loss of Rs 208.
Target Price: Rs 235
Stoploss: Rs 208
Andhra Paper EQ
Axis Direct also picked Andhra Paper. The brokerage has given a target price of Rs 650 for the stock with a stop loss of Rs 608. The recommended entry price is Rs 618.
Target Price: Rs 650
Stoploss: Rs 608