NTPC, Lupin, Hindustan Unilever: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: Equities ended at fresh closing highs with Nifty testing 23,900 levels now. At the close, sensex climbed 620.73 points or 0.8 per cent to hit a new all-time closing high of 78,674.25, while the Nifty went up by 147.5 points or 0.62 per cent to hit the fresh record closing high of 23,868.8.
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 NTPC, NLC India, Lupin, Welspun Living, and Hindustan Unilever. These stocks can generate huge profit in the next 5-15 days.
NTPC EQ
The first stock picked by Axis Direct is NTPC. This stock is currently trading at Rs 365.05. The brokerage has given a target price of Rs 397 with a stop loss of Rs 355. The recommended entry price ranges from Rs 360 to Rs 365.50.
Target Price: Rs 397
Stop Loss: Rs 355
NLC India EQ
The second stock picked by the brokerage firm is NLC India, with a target price of Rs 270 and a stop loss of Rs 236. The recommended entry price ranges from Rs 240 to Rs 242.50.
Target Price: Rs 270
Stop Loss: Rs 236
Lupin EQ
The brokerage firm has a BUY recommendation on Lupin as well. The stock is currently trading at Rs 1583.65. The target price of the stock is Rs 1,730 with a stop loss of Rs 1,490. The recommended entry price is Rs 1,570.
Target Price: Rs 1,730
Stop Loss: Rs 1,490
Welspun Living EQ
Axis Direct has given a BUY recommendation to Welspun Living as well. The stock is currently trading at Rs 150.47. The target price of the stock is Rs 165 with a stop loss of Rs 144.50.
Target Price: Rs 165
Stoploss: Rs 144.50
Hindustan Unilever EQ
Axis Direct also picked Hindustan Unilever. The brokerage has given a target price of Rs 2,507 for the stock with a stop loss of Rs 2,430. The recommended entry price is Rs 2,452.
Target Price: Rs 2,507
Stoploss: Rs 2,430