&format=webp&quality=medium)
Axis Direct Top Stocks: On Wednesday's session, domestic equities ended lower amid a broad-based sell-off. At the close, Nifty ended lower by 0.34 per cent or 86 points at 24,971.3, while the BSE Sensex slipped 0.39 per cent or 319 to 81,501.36. Amid this, the brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
The brokerage has recommended five stocks including Coal India, Bajaj Finserv, SBI Cards, Tata Technologies, and Hindustan Aeronautics. These stocks can generate huge profits in the next 5-15 days.
The first stock picked by Axis Direct is Coal India. This stock is currently trading at Rs 495.75. The brokerage has given a target price of Rs 524.50 with a stop loss of Rs 488.50. The recommended entry price ranges from Rs 492 to Rs 497.50.
Target Price: Rs 524.50
Stop Loss: Rs 488.50
The second stock picked by the brokerage is Bajaj Finserv, with a target price of Rs 1970 and a stop loss of Rs 1,830. The recommended entry price ranges from Rs 1,845 to Rs 1,865.
Target Price: Rs 1970
Stop Loss: Rs 1,830
The third stock picked by Axis Direct is the SBI Cards. This stock is currently trading at Rs 740.8. Brokerage has given a target price of Rs 788. While the stop loss for the stock is Rs 728. The recommended entry price ranges from Rs 736 to Rs 743.
Target Price: Rs 788
Stop Loss: Rs 728
Axis Direct has given a BUY recommendation to Tata Technologies Ltd as well. The stock is currently trading at Rs 1077.65. The target price of the stock is Rs 1,167 with a stop loss of Rs 1,039. The recommended entry price ranges from Rs 1,050 to Rs 1,065.
Target Price: Rs 1,167
Stop Loss: Rs 1,039
Axis Direct also picked Hindustan Aeronautics Ltd. The stock is currently trading at Rs 4656.25. The brokerage has recommended a target price of Rs 4,845 for the stock with a stop loss of Rs 4,585. The recommended entry price ranges from Rs 4,604 to Rs 4,650.
Target Price: Rs 4,845
Stop Loss: Rs 4,585
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.