Tata Chemicals, Just Dial and 3 more: Axis Direct recommends buying these stocks for 5-15 days | Check targets, stop losses
Axis Direct Top Stocks: Ahead of the market opening on Friday, Axis Direct picked five stocks that can generate profits in 5 to 15 days. These are Tata Chemicals, Just Dial, and 3 more. Check targets -
Axis Direct Top Stocks: On Thursday's session, domestic equity benchmarks suffered sharp losses tracking weakness across most global markets with investors concerned about a raging conflict in the Middle East. Both headline indices plunged as much as 2.2 per cent in the second half of the day. Amid this, the 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 Dredging Corporation, Kalyani Steels, Just Dial, EPL Ltd, and Tata Chemicals. These stocks can generate huge profits in the next 5-15 days.
Dredging Corporation of India Ltd EQ Share Price Target
The first stock picked by Axis Direct is Dredging Corporation of India Ltd. This stock is currently trading at Rs 1034.95. The brokerage has given a target price of Rs 1,110 with a stop loss of Rs 1,000. The recommended entry price ranges from Rs 1,015 to Rs 1,026.
Target Price: Rs 1,110
Stop Loss: Rs 1,000
Kalyani Steels EQ Share Price Target
The second stock picked by the brokerage is Kalyani Steels, with a target price of Rs 948 and a stop loss of Rs 848. The recommended entry price ranges from Rs 865 to Rs 873.
Target Price: Rs 948
Stop Loss: Rs 848
Just Dial EQ Share Price Target
The third stock picked by Axis Direct is Just Dial. This stock is currently trading at Rs 1192. Brokerage has given a target price of Rs 1,316. While the stop loss for the stock is Rs 1,172. The recommended entry price ranges from Rs 1,190 to Rs 1,203.
Target Price: Rs 1,316
Stop Loss: Rs 1,172
Mahanagar Gas EQ Share Price Target
Axis Direct has given a BUY recommendation to Mahanagar Gas as well. The stock is currently trading at Rs 1948.45. The target price of the stock is Rs 1,982 with a stop loss of Rs 1,910. The recommended entry price is Rs 1,928.
Target Price: Rs 1,982
Stop Loss: Rs 1,910
Tata Chemicals EQ Share Price Target
Axis Direct also picked Tata Chemicals. The stock is currently trading at Rs 1133. The brokerage has recommended a target price of Rs 1,180 for the stock with a stop loss of Rs 1,105. The recommended entry price is Rs 1,135.
Target Price: Rs 1,180
Stop Loss: Rs 1,105