Largecap, Midcap Stocks To Buy: Analysts recommend buying L&T, Tata Motors, 3 other stocks for 2 weeks; check targets
Axis Direct Stocks To Buy: After the market closing on Wednesday, Axis Direct picked five stocks that can generate profits in 0 to 15 days. These are Tata Motors, Bajaj Finserv, L&T, and two others. Check targets -
Axis Direct Stocks To Buy: On the first trading session of calendar year, January 1, domestic equities ended higher amid broad-based buying, nonetheless losses in the realty and metal stocks capped the gains. At the close, Sensex ended higher by 0.47 per cent or 368.4 points at 78,507.41, while the Nifty50 index settled with gains of 0.41 per cent or 98.1 points at 23,742.9.
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 five stocks recommended by the brokerage are Tata Motors, Bajaj Finserv, Larsen & Toubro, EIH, and Maharashtra Seamless. These stocks can generate huge profits in the next 0-15 days.
Tata Motors EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Tata Motors Ltd. This stock is currently trading at Rs 749.25. The brokerage has given a target price of Rs 806 with a stop loss of Rs 730. The recommended entry price ranges from Rs 740 to Rs 749.
Tata Motors EQ Share Price Target (0-15 Days)
Target Price: Rs 806
Stop Loss: Rs 730
Bajaj Finserv EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Bajaj Finserv Ltd, with a target price of Rs 1,682 and a stop loss of Rs 1,550. The recommended entry price ranges from Rs 1,565 to Rs 1,583.
Bajaj Finserv EQ Share Price Target (0-15 Days)
Target Price: Rs 1,682
Stop Loss: Rs 1,550
L&T EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Larsen & Toubro Ltd. This stock is currently trading at Rs 3667.5. The brokerage has given a target price of Rs 3,871 with a stop loss of Rs 3,575. The recommended entry price ranges from Rs 3,610 to Rs 3,649.
L&T EQ Share Price Target (0-15 Days)
Target Price: Rs 3,871
Stop Loss: Rs 3,575
EIH EQ Share Price Target (0-15 Days)
Axis Direct also picked EIH Ltd. The stock is currently trading at Rs 429.45. The brokerage has recommended a target price of Rs 477 for the stock with a stop loss of Rs 413. The recommended entry price ranges from Rs 425 to Rs 429.
EIH EQ Share Price Target (0-15 Days)
Target Price: Rs 477
Stop Loss: Rs 413
Maharashtra Seamless EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to Maharashtra Seamless Ltd as well. The stock is currently trading at Rs 760.25. The target price of the stock is Rs 769 with a stop loss of Rs 697. The recommended entry price ranges from Rs 723 to Rs 730.
Maharashtra Seamless EQ Share Price Target (0-15 Days)
Target Price: Rs 769
Stop Loss: Rs 697