Divi's Laboratories, HDFC Life Insurance, Jindal Saw: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks Post-Budget: In Friday's session, domestic benchmark indices closed by making fresh peaks. Sensex skyrocketed 1,292 pts or 1.62 per cent from the previous close, while the Nifty50 ended up at a new closing high after hitting a new record high of 24,861, towards the fag end of the session. Amid this, brokerage 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 has recommended five stocks including Divi's Laboratories, Pl Industries, Balrampur Chini, Jindal Saw and HDFC Life Insurance. These stocks can generate huge profits in the next 5-15 days.
Divi's Laboratories EQ Share Price Target
The first stock picked by Axis Direct is Divi's Laboratories. This stock is currently trading at Rs 4790.6. The brokerage has given a target price of Rs 4,950 with a stop loss of Rs 4,740. The recommended entry price is Rs 4,764.
Target Price: Rs 4,950
Stop Loss: Rs 4,740
Pl Industries Limited EQ Share Price Target
The second stock picked by the brokerage is Pl Industries Limited, with a target price of Rs 4,350 and a stop loss of Rs 4,150. The recommended entry price is Rs 4,197.30.
Target Price: Rs 4,350
Stop Loss: Rs 4,150
Balrampur Chini EQ Share Price Target
The brokerage firm has a BUY recommendation on Balrampur Chini as well. The stock is currently trading at Rs 461.3. The target price of the stock is Rs 485 with a stop loss of Rs 452. The recommended entry price is Rs 462.
Target Price: Rs 485
Stop Loss: Rs 452
Jindal Saw EQ Share Price Target
Axis Direct has given a BUY recommendation to Jindal Saw as well. The stock is currently trading at Rs 578.75. The target price of the stock is Rs 635 with a stop loss of Rs 555.
Target Price: Rs 635
Stoploss: Rs 555
HDFC Life Insurance EQ Share Price Target
Axis Direct also picked HDFC Life Insurance. The brokerage has given a target price of Rs 780 for the stock with a stop loss of Rs 683. The recommended entry price ranges from Rs 688 to Rs 703.
Target Price: Rs 780
Stoploss: Rs 683