Largecap, Midcap Stocks To Buy: Axis Direct recommends buying JK Tyre, USL, other 2 stocks for 2 weeks
Axis Direct Stocks To Buy: After the market closing on Tuesday, Axis Direct picked four stocks that can generate profits in 0 to 15 days. These are JK Tyre, USL, and two more. Check targets -
Axis Direct Stocks To Buy: In Tuesday's session, domestic equity markets faced a sharp decline, with the BSE Sensex falling by 1,015.64 points or 1.2 per cent, and the NSE Nifty dropping 284 points to settle below 24,400. Amid this, the brokerage Axis Direct has recommended four stocks that can generate profits in 0 to 15 days.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended four stocks including Garden Reach, Valor Estate, JK Tyre, and United Spirits. These stocks can generate huge profits in the next 0-15 days.
Garden Reach Shipbuilders EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Garden Reach Shipbuilders & Engineers Ltd. This stock is currently trading at Rs 1,751.15. The brokerage has given a target price of Rs 2,040 with a stop loss of Rs 1,700. The recommended entry price ranges from Rs 1,768 to Rs 1,785.
Garden Reach Shipbuilders EQ Share Price Target (0-15 Days)
Target Price: Rs 2,040
Stop Loss: Rs 1,700
Valor Estate EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Siemens Ltd, with a target price of Rs 207 and a stop loss of Rs 180. The recommended entry price ranges from Rs 184 to Rs 186.
Valor Estate EQ Share Price Target (0-15 Days)
Target Price: Rs 207
Stop Loss: Rs 180
JK Tyre EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is JK Tyre & Industries Ltd. This stock is currently trading at Rs 408.7. Brokerage has given a target price of Rs 443. While the stop loss for the stock is Rs 403. The recommended entry price ranges from Rs 409 to Rs 413.
JK Tyre EQ Share Price Target (0-15 Days)
Target Price: Rs 443
Stop Loss: Rs 403
United Spirits EQ Share Price Target (5-15 Days)
Axis Direct has given a BUY recommendation to United Spirits Ltd as well. The stock is currently trading at Rs 1,565. The target price of the stock is Rs 1,595 with a stop loss of Rs 1,535. The recommended entry price is Rs 1,595.
United Spirits EQ Share Price Target (5-15 Days)
Target Price: Rs 1,595
Stop Loss: Rs 1,535