Hindustan Unilever, NTPC, Lupin: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: Equities continued their winning streak on the F&O expiry day led by buying in IT and oil & gas stocks. At the close, 30-share BSE Sensex jumped 568.93 points or 0.72 per cent to hit its new lifetime closing high of 79,243.18. Amid this, brokerage 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 the 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 Hindustan Unilever, NTPC, Lupin, Welspun Living and Nitin Spinners. These stocks can generate huge profit in the next 5-15 days.
Hindustan Unilever EQ
The first stock picked by Axis Direct is Hindustan Unilever. This stock is currently trading at Rs 2462.15. The brokerage has given a target price of Rs 2,576 with a stop loss of Rs 2,424. The recommended entry price ranges from Rs 2,438 to Rs 2,462.
Target Price: Rs 2,576
Stop Loss: Rs 2,424
NTPC EQ
The second stock picked by the brokerage firm is NTPC, with a target price of Rs 397 and a stop loss of Rs 355. The recommended entry price ranges from Rs 360 to Rs 365.50.
Target Price: Rs 397
Stop Loss: Rs 355
Lupin EQ
The brokerage firm has a BUY recommendation on Lupin as well. The stock is currently trading at Rs 1583.4. The target price of the stock is Rs 1,730 with a stop loss of Rs 1,490. The recommended entry price is Rs 1,570.
Target Price: Rs 1,730
Stop Loss: Rs 1,490
Welspun Living EQ
Axis Direct has given a BUY recommendation to Welspun Living as well. The stock is currently trading at Rs 151.74. The target price of the stock is Rs 165 with a stop loss of Rs 144.50.
Target Price: Rs 165
Stoploss: Rs 144.50
Nitin Spinners EQ
Axis Direct also picked Nitin Spinners. The brokerage has given a target price of Rs 393 for the stock with a stop loss of Rs 348. The recommended entry price ranges from Rs 352 to Rs 357.
Target Price: Rs 393
Stoploss: Rs 348