Infosys, Thomas Cook India, Equitas Small Finance Bank: Axis Direct recommends buying 5 shares for 5-15 days
Axis Direct Top 5 Stocks: Equity benchmarks settled on a mixed note in Wednesday’s session amid high volatility. At the close, Sensex ended with gains of 0.047 per cent or 36.45 points at 77,337.59, while Nifty 50 declined 0.15 per cent or 36.3 points to close the day at 23,521.60. Amid this, brokerage firm Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct's pick
The brokerage firm has recommended five stocks including Equitas Small Finance Bank, Valiant Organics, Infosys, Thomas Cook India, and Syngene International Limited. These stocks can generate huge profit in the next 5-15 days.
Infosys EQ
The first stock picked by Axis Direct is Infosys. This stock is currently trading at Rs 1511.35. The brokerage has given a target price of Rs 1,615 with the stop loss of Rs 1,475. The recommended entry price ranges from Rs 1,490 to Rs 1,510.
Target Price: Rs 1,615
Stop Loss: Rs 1,475
Valiant Organics EQ
The second stock picked by the brokerage firm is Valiant Organics, with a target price of Rs 490 and a stop loss of Rs 418. The recommended entry price ranges from Rs 425 to Rs 431.
Target Price: Rs 490
Stop Loss: Rs 418
Equitas Small Finance Bank EQ
The brokerage firm has a BUY recommendation on Equitas Small Finance Bank as well. The stock is currently trading at Rs 105.08. The target price of the stock is Rs 116.40 with the stop loss of Rs 101. The recommended entry price ranges from Rs 102.50 to Rs 104.85.
Target Price: Rs 116.40
Stop Loss: Rs 101
Syngene International Limited EQ
Axis Direct has given a BUY recommendation to Syngene International Limited as well. The stock is currently trading at Rs 711. The target price of the stock is Rs 760 with the stop loss of Rs 700.
Target Price: Rs 760
Stoploss: Rs 700
Thomas Cook India EQ
Axis Direct also picked Thomas Cook India. The brokerage has given a target price of Rs 256 for the stock with a stop loss of Rs 224.30. The recommended entry price ranges from Rs 227 to Rs 230.
Target Price: Rs 256
Stoploss: Rs 224.30
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.