Stocks To Buy: Axis Direct recommends buying Kalyan Jewellers, Prestige Estates & more
Axis Direct recommends five stocks—Kalyan Jewellers, Prestige Estates, Oberoi Realty, Coromandel International and Gandhi Special Tubes—for potential short-term gains. Learn their buy range, targets, and stop-loss levels to trade effectively.
Amidst a volatile stock market, with Nifty slipping around 100 points and the BSE Sensex declined by 384.55 points or 0.47%, to settle at 81,748.57, after hitting an intraday low of 81,551.28, down by 581.84 points, Axis Direct has identified five promising stocks for traders aiming for quick returns within 15 days. The recommended stocks include Kalyan Jewellers, Prestige Estates, Oberoi Realty, Coromandel International and Gandhi Special Tubes, each analysed for precise buy ranges, target prices and stop-loss levels. Read on for detailed insights into these stocks and their potential performance in the current market.
Current Market Scenario
There is a lot of uncertainty in the stock market right now. Nifty has fallen by about 100 points and is trading in the range of 24,675.
Brokerage Recommendation
In this volatile market, Axis Direct has selected Kalyan Jewellers, Prestige Estates, Oberoi Realty, Coromandel International and Gandhi Special Tubes for the next 15 days.
Oberoi Realty Share Price Target
Current Price: Rs 2,258
Buy Range: Rs 2,152–2,174
Target Price: Rs 2,380
Stop Loss: Rs 2,135
Coromandel International Share Price Target
Current Price: Rs 1,815
Buy Range: Rs 1,777–1,788
Target Price: Rs 1,917
Stop Loss: Rs 1,745
Gandhi Special Tubes Share Price Target
- Current Price: Rs 902
- Buy Range: Rs 890–899
- Target Price: Rs 1,007
- Stop Loss: Rs 863
Kalyan Jewellers share price target
- Current Price: Rs 762
- Buy Range: Rs 754–761
- Target Price: Rs 834
- Stop Loss: Rs 747
Prestige Estates share price target
- Current Price: Rs 1,824
- Buy Range: Rs 1,811–1,829
- Target Price: Rs 1,991
- Stop Loss: Rs 1,775
Short-term trading opportunities
The selected stocks have been identified for their potential to deliver quick returns within a 15-day period. Such recommendations are based on market trends, technical patterns, and expected short-term growth.
Risk management through stop loss
The inclusion of precise stop-loss levels ensures that traders can manage their risk effectively. By adhering to these limits, investors can minimise losses in case the market moves unfavorably.
Disclaimer
The advice to invest in stocks here is given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.