Stocks To Buy: Axis Direct recommends buying Kalyan Jewellers, Vijaya Diagnostic, 2 other stocks for 2 weeks; check targets
Axis Direct Stocks To Buy: Ahead of the market opening on Wednesday, Axis Direct picked four stocks that can generate profits in 0 to 30 days. These are Kalyan Jewellers, Vijaya Diagnostic, and two others. Check targets -
Axis Direct Stocks To Buy: On December 31, domestic equity markets ended the last trading session on a cautious note, with both benchmark indices paring early losses. Amid this, brokerage Axis Direct has recommended four stocks that could generate profits.
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.
Stock Market Update
At the close, Sensex ended with a cut of 0.14 per cent or 109.12 to settle at 78,139.01, while the Nifty50 index ended flat with a negative bias at 23,644.8.
Stocks to Buy: Axis Direct's Pick
The four stocks recommended by the brokerage are Kalyan Jewellers, Vijaya Diagnostic, CPCL, and Welspun Enterprises. These stocks can generate huge profits in the next 0-15 days.
Kalyan Jewellers EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Kalyan Jewellers India Ltd. This stock is currently trading at Rs 766.25. The brokerage has given a target price of Rs 875 with a stop loss of Rs 723. The recommended entry price ranges from Rs 755 to Rs 761.
Kalyan Jewellers EQ Share Price Target (0-15 Days)
Target Price: Rs 875
Stop Loss: Rs 723
Vijaya Diagnostic EQ Share Price Target (5-30 Days)
The second stock picked by the brokerage is Vijaya Diagnostic Centre Ltd, with a target price of Rs 1,155 and a stop loss of Rs 985. The recommended entry price is Rs 1,050.
Vijaya Diagnostic EQ Share Price Target (5-30 Days)
Target Price: Rs 1,155
Stop Loss: Rs 985
CPCL EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Chennai Petroleum Corporation Ltd. This stock is currently trading at Rs 625.8. The brokerage has given a target price of Rs 745 with a stop loss of Rs 605. The recommended entry price ranges from Rs 634 to Rs 640.
CPCL EQ Share Price Target (0-15 Days)
Target Price: Rs 745
Stop Loss: Rs 605
Welspun Enterprises EQ Share Price Target (0-15 Days)
Axis Direct also picked Welspun Enterprises. The stock is currently trading at Rs 614.35. The brokerage has recommended a target price of Rs 655 for the stock with a stop loss of Rs 597. The recommended entry price ranges from Rs 603 to Rs 610.
Welspun Enterprises EQ Share Price Target (0-15 Days)
Target Price: Rs 655
Stop Loss: Rs 597