GMR Airports Infra, Gland Pharma, Life Insurance: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks: In Tuesday's session, domestic benchmark indices finished flat with a positive bias. During the day, Sensex and Nifty traded with a range hovered near their life highs. Investors await the US Fed's policy decision. 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 GMR Airports Infrastructure, Life Insurance, Gland Pharma, IOL Chemicals and Usha Martin. These stocks can generate huge profits in the next 5-15 days.
GMR Airports Infrastructure EQ Share Price Target
The first stock picked by Axis Direct is GMR Airports Infrastructure Limited. This stock is currently trading at Rs 99.97. The brokerage has given a target price of Rs 110 with a stop loss of Rs 97.50. The recommended entry price ranges from Rs 98 to Rs 99.
Target Price: Rs 110
Stop Loss: Rs 97.50
Life Insurance EQ Share Price Target
The second stock picked by the brokerage is Life Insurance, with a target price of Rs 1,275 and a stop loss of Rs 1,160. The recommended entry price ranges from Rs 1,175 to Rs 1,187.
Target Price: Rs 1,275
Stop Loss: Rs 1,160
Gland Pharma EQ Share Price Target
The brokerage firm has a BUY recommendation on Gland Pharma as well. The stock is currently trading at Rs 2058.65. The target price of the stock is Rs 2,214 with a stop loss of Rs 1,998. The recommended entry price ranges from Rs 2,032 to Rs 2,052.
Target Price: Rs 2,214
Stop Loss: Rs 1,998
IOL Chemicals EQ Share Price Target
Axis Direct has given a BUY recommendation to IOL Chemicals as well. The stock is currently trading at Rs 430.35. The target price of the stock is Rs 472 with a stop loss of Rs 424.
Target Price: Rs 472
Stoploss: Rs 424
Usha Martin EQ Share Price Target
Axis Direct also picked Usha Martin. The brokerage has given a target price of Rs 417 for the stock with a stop loss of Rs 365. The recommended entry price ranges from Rs 370 to Rs 375.
Target Price: Rs 417
Stoploss: Rs 365