Kaveri Seed, Barbeque Nation, Globus Spirits: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: In Wednesday's session, benchmark indices clocked their fresh closing peak. At the close, Sensex added 0.69 per cent ot 545.34 points and ended at 79,986.8, while Nifty ended at 0.67 per cent or 162.65 points to close at 24,286.5 points. Amid this, brokerage firm 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 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 Kaveri Seed Co Ltd, Barbeque Nation, Globus Spirits, Hindustan Unilever and Piramal Enterprises. These stocks can generate huge profits in the next 5-15 days.
Kaveri Seed Co Ltd EQ
The first stock picked by Axis Direct is Kaveri Seed Co Ltd. This stock is currently trading at Rs 959.5. The brokerage has given a target price of Rs 1,020 with a stop loss of Rs 920. The recommended entry price ranges from Rs 936 to Rs 955.
Target Price: Rs 1,020
Stop Loss: Rs 920
Barbeque Nation EQ
The second stock picked by the brokerage firm is Barbeque Nation, with a target price of Rs 645 and a stop loss of Rs 559. The recommended entry price ranges Rs 567 to Rs 575.
Target Price: Rs 645
Stop Loss: Rs 559
Globus Spirits EQ
The brokerage firm has a BUY recommendation on Globus Spirits Limited as well. The stock is currently trading at Rs 842.75. The target price of the stock is Rs 935 with a stop loss of Rs 811. The recommended entry price ranges from Rs 834 to Rs 842.
Target Price: Rs 935
Stop Loss: Rs 811
Hindustan Unilever FUTSTK-25Jul 24
Axis Direct has given a BUY recommendation to Hindustan Unilever Ltd FUTSTK as well. The stock is currently trading at Rs 2526. The target price of the stock is Rs 2,670 with a stop loss of Rs 2,465.
Target Price: Rs 2,670
Stoploss: Rs 2,465
Piramal Enterprises FUTSTK-25Jul 24
Axis Direct also picked Piramal Enterprises FUTSTK. The brokerage has given a target price of Rs 994 for the stock with a stop loss of Rs 910. The recommended entry price ranges from Rs 922 to Rs 931.
Target Price: Rs 994
Stoploss: Rs 910