Larsen & Toubro, JK Cements, Gujarat Industries Power: Axis Direct recommends buying 5 stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: In Tuesday's session, domestic equities in trade after a 13-day winning day streak started lower tracking mixed Asian markets. At the open, Nifty started to trade lower by 0.07 per cent or 18.6 points at 25,260.1, while the BSE 30-share Sensex was down 0.03 per cent or 27.48 points at 82,532.36. Amid this, 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 JK Cements, Ramkrishna Forgings Ltd, Larsen & Toubro, Jindal Saw and Gujarat Industries Power. These stocks can generate huge profits in the next 5-15 days.
J K Cements EQ Share Price Target
The first stock picked by Axis Direct is J K Cements. This stock is currently trading at Rs 4612.5. The brokerage has given a target price of Rs 5000 with a stop loss of Rs 4,480. The recommended entry price ranges from Rs 4,544 to Rs 4,590.
Target Price: Rs 5000
Stop Loss: Rs 4,480
Ramkrishna Forgings EQ Share Price Target
The second stock picked by the brokerage is the Ramkrishna Forgings Limited, with a target price of Rs 1,140 and a stop loss of Rs 955. The recommended entry price ranges from Rs 970 to Rs 996.
Target Price: Rs 1,140
Stop Loss: Rs 955.
Larsen & Toubro EQ Share Price Target
The third stock picked by Axis Direct is Larsen & Toubro. This stock is currently trading at Rs 3707.7. The brokerage has given a target price of Rs 3,878 with a stop loss of Rs 3,650. The recommended entry price ranges from Rs 3,670 to Rs 3,707.
Target Price: Rs 3,878
Stop Loss: Rs 3,650
Jindal Saw EQ Share Price Target
Axis Direct also picked Jindal Saw. The brokerage has given a target price of Rs 756 for the stock with a stop loss of Rs 690. The recommended entry price ranges from Rs 696 to Rs 704.
Target Price: Rs 756
Stoploss: Rs 690
Gujarat Industries Power EQ Share Price Target
Axis Direct has given a BUY recommendation to Gujarat Industries Power as well. The stock is currently trading at Rs 244.11. The target price of the stock is Rs 276 with a stop loss of Rs 242. The recommended entry price ranges from Rs 246 to Rs 251.
Target Price: Rs 276
Stop Loss: Rs 242