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Stocks To Buy: Ahead of the market opening on Friday, January 24, analysts from domestic brokerages have recommended several stocks for short-term investment. They are bullish on five large-cap stocks, spanning sectors from FMCG to automobile. Below is the list of five stocks, along with their targets and stop-loss levels:
The first stock picked by the brokerage Axis Direct is BSE Ltd. The recommended entry price ranges from Rs 5,790 to Rs 5,850.
Target Price: Rs 6,225
Stop Loss: Rs 5,725
The second stock picked by Axis Direct is Eicher Motors Ltd. The stock is currently trading at Rs 5116.2. And the recommended entry price ranges from Rs 5,015 to Rs 5,065.
Target Price: Rs 5,335
Stop Loss: Rs 4,975
The third stock picked by Axis Direct is Hero Motocorp Ltd. This stock is currently trading at Rs 4100.35. The recommended entry price ranges from Rs 4,055 to Rs 4,095.
Target Price: Rs 4,350
Stop Loss: Rs 4,010
The brokerage HDFC Securities has picked the stock for a duration of one month. It has given a 'buy' call on the firm with a potential upside of 10.78 per cent.
Target Price: Rs 1,090
Stop Loss: Rs 907
HDFC Securities has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 1,150, a potential upside of 6.44 per cent, and a stop loss at Rs 1,030.
Target Price: Rs 1,150
Stop Loss: Rs 1,030