Tata Power, HDFC Life Insurance, LT Foods: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks: In Thursday's session, nifty ended with 0.24 per cent or 59.75 points higher at 25,010.9 points, while the Sensex ended with 0.15 per cent gains or 126.2 points at 81,867.55. 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 Tata Power Company, HDFC Life Insurance, LT Foods, Elecon Engineering Co., and Surya Roshni. These stocks can generate huge profits in the next 5-15 days.
Tata Power Company Limited EQ Share Price Target
The first stock picked by Axis Direct is Tata Power Company. This stock is currently trading at Rs 464.4. The brokerage has given a target price of Rs 480 with a stop loss of Rs 455. The recommended entry price is Rs 461.
Target Price: Rs 480
Stop Loss: Rs 455
HDFC Life Insurance EQ Share Price Target
The second stock picked by the brokerage is HDFC Life Insurance, with a target price of Rs 740 and a stop loss of Rs 704. The recommended entry price is Rs 714.
Target Price: Rs 740
Stop Loss: Rs 704
LT Foods EQ Share Price Target
The brokerage firm has a BUY recommendation on LT Foods as well. The stock is currently trading at Rs 306.95. The target price of the stock is Rs 338 with a stop loss of Rs 296. The recommended entry price ranges from Rs 300 to Rs 304.
Target Price: Rs 338
Stop Loss: Rs 296
Elecon Engineering Co. Ltd Share Price Target
Axis Direct has given a BUY recommendation to Elecon Engineering Co. Ltd as well. The stock is currently trading at Rs 636.5. The target price of the stock is Rs 663 with a stop loss of Rs 630.
Target Price: Rs 663
Stoploss: Rs 630
Surya Roshni EQ Share Price Target
Axis Direct also picked Surya Roshni. The brokerage has given a target price of Rs 659 for the stock with a stop loss of Rs 603. The recommended entry price ranges from Rs 610 to Rs 616.
Target Price: Rs 659
Stoploss: Rs 603