LIC Housing Finance, Torrent Pharma, PNB Housing: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks: In Tuesday's session, domestic equities ended on a weak note amid a drag in the financial services and metal stocks. Nifty at the close ended at 24,139, down 0.85 per cent or 208 points, while the Sensex slipped 0.87 per cent or 692.89 points to close at 78,956.03.
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 LIC Housing Finance, Torrent Pharmaceuticals, Shoppers Stop, GE Shipping Company, and PNB Housing. These stocks can generate huge profits in the next 5-15 days.
LIC Housing Finance EQ Share Price Target
The first stock picked by Axis Direct is LIC Housing Finance. This stock is currently trading at Rs 641.7. The brokerage has given a target price of Rs 707 with a stop loss of Rs 635. The recommended entry price ranges from Rs 647 to Rs 653.
Target Price: Rs 707
Stop Loss: Rs 635
Torrent Pharmaceuticals Limited EQ Share Price Target
The second stock picked by the brokerage is Torrent Pharmaceuticals Limited, with a target price of Rs 3,558 and a stop loss of Rs 3,310. The recommended entry price ranges from Rs 3,339 to Rs 3,372.
Target Price: Rs 3,558
Stop Loss: Rs 3,310
Shoppers Stop EQ Share Price Target
Axis Direct also picked Shoppers Stop. The brokerage has given a target price of Rs 840 for the stock with a stop loss of Rs 760. The recommended entry price ranges from Rs 770 to Rs 777.
Target Price: Rs 840
Stoploss: Rs 760
GE Shipping Company Ltd. EQ Share Price Target
Axis Direct has given a BUY recommendation to GE Shipping Company Ltd. as well. The stock is currently trading at Rs 1369.6. The target price of the stock is Rs 1,540 with a stop loss of Rs 1,340.
Target Price: Rs 1,540
Stop Loss: Rs 1,340
PNB Housing EQ Share Price Target
The brokerage firm has a BUY recommendation on PNB Housing as well. The stock is currently trading at Rs 803.6. The target price of the stock is Rs 875 with a stop loss of Rs 810. The recommended entry price ranges from Rs 818 to Rs 827.
Target Price: Rs 875
Stop Loss: Rs 810