GAIL (India), Sun Pharma, Varun Beverages: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks: In Thursday's session, domestic benchmark indices finished in the negative territory. Indices were dragged by selling in FMCG and financial stocks. At the close, Nifty was at 24,406 points and Sensex was below 80,050 points. 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 Sun Pharma, India Glycols, GAIL (India), Varun Beverages and HUDCO. These stocks can generate huge profits in the next 5-15 days.
Sun Pharma EQ Share Price Target
The first stock picked by Axis Direct is Sun Pharmaceutical Industries Limited. This stock is currently trading at Rs 1665.8. The brokerage has given a target price of Rs 1,700 with a stop loss of Rs 1,638. The recommended entry price is Rs 1,666.
Target Price: Rs 1,700
Stop Loss: Rs 1,638
India Glycols EQ Share Price Target
The second stock picked by the brokerage is India Glycols, with a target price of Rs 1,240 and a stop loss of Rs 1,150. The recommended entry price is Rs 1,180.
Target Price: Rs 1,240
Stop Loss: Rs 1,150
GAIL (India) EQ Share Price Target
The brokerage firm has a BUY recommendation on GAIL (India) as well. The stock is currently trading at Rs 228.4. The target price of the stock is Rs 240 with a stop loss of Rs 220. The recommended entry price is Rs 227.
Target Price: Rs 240
Stop Loss: Rs 220
Varun Beverages EQ Share Price Target
Axis Direct has given a BUY recommendation to Varun Beverages as well. The stock is currently trading at Rs 1652.1. The target price of the stock is Rs 1,745 with a stop loss of Rs 1,585.
Target Price: Rs 1,745
Stoploss: Rs 1,585
HUDCO EQ Share Price Target
Axis Direct also picked Housing and Urban Development Corporation. The brokerage has given a target price of Rs 358 for the stock with a stop loss of Rs 312. The recommended entry price ranges from Rs 317 to Rs 321.
Target Price: Rs 358
Stoploss: Rs 312