Short-term Stocks: TVS Motor, Nippon Life, IOB and 2 more stocks to buy for 15 days; check out targets
Short-term Stocks: These stocks include Nippon Life, Gujarat Industries, IOB, TVS Motor, and Kaynes Tech. A look at their targets and stop losses.
Sensex jumps 384.30 points today, September 23 to settle at an all-time high of 84,928.61; Nifty climbs 148.10 points to a record peak of 25,939.05.
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Axis Direct picks five stocks for positional traders
Meanwhile, brokerage Axis Direct has picked five stocks for positional traders for 15 days for up to 10 per cent gains.
Short term stock ideas
These stocks include Nippon Life, Gujarat Industries, IOB, TVS Motor, and Kaynes Tech. A look at their targets and stop losses.
Nippon Life share price target
The brokerage has given a target of Rs 740 and a stop loss of Rs 676. The entry price range is Rs 684-995. This means the stock has a potential upside of up to seven per cent from its today's closing price.
Share price target of Gujarat Industries
The brokerage has given a target of Rs 249 and a stop loss of Rs 220. The entry price range is Rs 222.50-225.65. This means the stock has a potential upside of up to eight per cent from its today's closing price.
IOB share price target
Axis Direct has also chosen Indian Overseas Bank (IOB) stock for a target of Rs 67 and a stop loss of Rs 58.50. The entry price range is Rs 59.40-60. This means the stock has a potential upside of up to 10 per cent from its today's closing price.
TVS Motor Company share price target
The nest stock if TVS Motor. The target is Rs 2,978 and the stop loss is Rs 2,790. The entry price range is Rs 2,805-2837. This means the stock has a potential upside of up to five per cent from its today's closing price.
Kaynes Tech share price target
The brokerage has given a target of Rs 6,114 and a stop loss of Rs 5,410. The entry price range is Rs 5,525- 5,586. This means the stock has a potential upside of up to 10 per cent from its today's closing price.
The views/suggestions/advice expressed here in this article are solely by the brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.