L&T Technology, PNB Housing, IEX: Axis Direct recommends buying 5 stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: In Thursday's session, domestic equities continued their running spree for the eleventh consecutive day and marked a fresh high even after a weak start. Nifty hit a new high of 25,174.55, while the BSE Sensex marked 82,220.68 levels. 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 Magadh Sugar, Indian Energy Exchange, PNB Housing, L&T Technology, and Voltas. These stocks can generate huge profits in the next 5-15 days.
Magadh Sugar EQ Share Price Target
The first stock picked by Axis Direct is Magadh Sugar. This stock is currently trading at Rs 875.55. The brokerage has given a target price of Rs 955 with a stop loss of Rs 847. The recommended entry price ranges from Rs 866 to Rs 874.
Target Price: Rs 955
Stop Loss: Rs 847
Indian Energy Exchange EQ Share Price Target
The second stock picked by the brokerage is the Indian Energy Exchange, with a target price of Rs 220 and a stop loss of Rs 199. The recommended entry price ranges from Rs 203 to Rs 206.
Target Price: Rs 220
Stop Loss: Rs 199
PNB Housing EQ Share Price Target
The third stock picked by Axis Direct is PNB Housing. This stock is currently trading at Rs 950.5. The brokerage has given a target price of Rs 1,016 with a stop loss of Rs 905.50. The recommended entry price ranges from Rs 919.70 to Rs 929.
Target Price: Rs 1,016
Stop Loss: Rs 905.50
L&T Technology EQ Share Price Target
Axis Direct also picked L&T Technology. The brokerage has given a target price of Rs 6,210 for the stock with a stop loss of Rs 5,510. The recommended entry price is Rs 5,683.
Target Price: Rs 6,210
Stoploss: Rs 5,510
Voltas EQ Share Price Target
Axis Direct has given a BUY recommendation to Voltas as well. The stock is currently trading at Rs 1769.55. The target price of the stock is Rs 2,050 with a stop loss of Rs 1,680.
Target Price: Rs 2,050
Stop Loss: Rs 1,680