ICICI Bank, IEX, Biocon: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks: In Friday's session, domestic equities ended sharply higher amid encouraging global cues. Nify at the close ended at 24,541.15, up 397.4 points or 1.65 per cent, while the Sensex closed higher by 1.68 per cent or 1,330.96 points at 80,436.84 levels. Amid this, brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended five stocks including Indian Energy Exchange, ICICI Bank, Biocon, Praj Industries and Anant Raj. These stocks can generate huge profits in the next 5-15 days.
Indian Energy Exchange Ltd EQ Share Price Target
The first stock picked by Axis Direct is Indian Energy Exchange Limited. This stock is currently trading at Rs 194.82. The brokerage has given a target price of Rs 205 with a stop loss of Rs 190. The recommended entry price ranges from Rs 192 to Rs 194.
Target Price: Rs 205
Stop Loss: Rs 190
ICICI Bank EQ Share Price Target
The second stock picked by the brokerage is ICICI Bank, with a target price of Rs 1,225 and a stop loss of Rs 1,170. The recommended entry price is Rs 1,187.
Target Price: Rs 1,225
Stop Loss: Rs 1,170
Biocon EQ Share Price Target
Axis Direct also picked Biocon. The brokerage has given a target price of Rs 355 for the stock with a stop loss of Rs 332. The recommended entry price is Rs 338.
Target Price: Rs 355
Stoploss: Rs 332
Praj Industries EQ Share Price Target
Axis Direct has given a BUY recommendation to Praj Industries Ltd as well. The stock is currently trading at Rs 711.85. The target price of the stock is Rs 779 with a stop loss of Rs 695.
Target Price: Rs 779
Stop Loss: Rs 695
Anant Raj EQ Share Price Target
The brokerage firm has a BUY recommendation on Anant Raj as well. The stock is currently trading at Rs 586.15. The target price of the stock is Rs 615 with a stop loss of Rs 565. The recommended entry price is Rs 595.
Target Price: Rs 615
Stop Loss: Rs 565