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Axis Direct Stocks To Buy: On Tuesday, the domestic stock market continued its downward spiral for the fifth consecutive session, with the Sensex plunging 1,018 points to close at 76,293. Amid this, brokerage Axis Direct has recommended four stocks that could generate profits within the next two weeks.
The four stocks recommended by the brokerage are Patanjali Foods, Redington, Castrol India and Oracle Financial Services. These stocks can generate huge profits in the next 0-15 days.
The first stock picked by Axis Direct is Patanjali Foods Ltd. This stock is currently trading at Rs 1812.95. The brokerage has given a target price of Rs 2,040 with a stop loss of Rs 1,780. The recommended entry price ranges from Rs 1,827 to Rs 1,845.
Target Price: Rs 2,040
Stop Loss: Rs 1,780
The second stock picked by Axis Direct is Redington Ltd. This stock is currently trading at Rs 231.49. The brokerage has given a target price of Rs 261 with a stop loss of Rs 221. The recommended entry price ranges from Rs 227 to Rs 231.
Target Price: Rs 261
Stop Loss: Rs 221
The third stock picked by Axis Direct is Castrol India Ltd. This stock is currently trading at Rs 207.43. The brokerage has given a target price of Rs 220 with a stop loss of Rs 186. The recommended entry price ranges from Rs 192 to Rs 196.
Target Price: Rs 220
Stop Loss: Rs 186
Axis Direct also picked Oracle Financial Services Software Ltd. The stock is currently trading at Rs 9,135. The brokerage has recommended a target price of Rs 10,495 for the stock with a stop loss of Rs 9,055. The recommended entry price ranges from Rs 9,321 to Rs 9,415.
Target Price: Rs 10,495
Stop Loss: Rs 9,055
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