Indigo Paints, ICICI Bank, and 3 more: Axis Direct recommends buying these stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: Ahead of the market opening on Wednesday, Axis Direct picked five stocks that can generate profits in 5 to 15 days. These are Indigo Paints, ICICI Bank, and three more. Check targets -
Axis Direct Top Stocks: In Tuesday's session, domestic equities experienced choppy trading amid a broad sell-off, ending sharply lower. At the close, the Nifty tumbled 309 points, or 1.25%, settling at 24,472.10, while the BSE Sensex fell by 930.55 points, or 1.15%, to close at 80,220.72. Amid this, the brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
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 Dr Reddys Labs, Indigo Paints, ICICI Bank, JSW Steel, and BEML Ltd. These stocks can generate huge profits in the next 0-15 days.
Dr Reddys Labs EQ Share Price Target
The first stock picked by Axis Direct is Dr Reddys Labs. This stock is currently trading at Rs 6662.4. The brokerage has given a target price of Rs 7,054 with a stop loss of Rs 6,650. The recommended entry price ranges from Rs 6,684 to Rs 6,751.
Target Price: Rs 7,054
Stop Loss: Rs 6,650
ICICI Bank EQ Share Price Target
The second stock picked by the brokerage is ICICI Bank, with a target price of Rs 1,333 and a stop loss of Rs 1,249. The recommended entry price ranges from Rs 1,258 to Rs 1,270.
Target Price: Rs 1,333
Stop Loss: Rs 1,249
Indigo Paints EQ Share Price Target
The third stock picked by Axis Direct is the Indigo Paints. This stock is currently trading at Rs 1642.55. Brokerage has given a target price of Rs 1,900. While the stop loss for the stock is Rs 1,570. The recommended entry price is Rs 1,642.
Target Price: Rs 1,900
Stop Loss: Rs 1,570
JSW Steel EQ Share Price Target
Axis Direct has given a BUY recommendation to JSW Steel as well. The stock is currently trading at Rs 963.65. The target price of the stock is Rs 1,096 with a stop loss of Rs 965. The recommended entry price ranges from Rs 974 to Rs 984.
Target Price: Rs 1,096
Stop Loss: Rs 965
BEML Ltd EQ Share Price Target
Axis Direct also picked BEML Ltd. The stock is currently trading at Rs 205.14. The brokerage has recommended a target price of Rs 4,428 for the stock with a stop loss of Rs 3,828. The recommended entry price ranges from Rs 3,939 to Rs 3,978.
Target Price: Rs 4,428
Stop Loss: Rs 3,828