Hindalco Industries, and 4 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 Monday, Axis Direct picked five stocks that can generate profits in 5 to 15 days. These are Hindalco Industries and four more. Check targets -
Axis Direct Top Stocks: On Friday, amid a sharp recovery from the day's lows, domestic equities closed significantly higher. At the close, the Nifty ended higher by 0.42 per cent or 104.2 points at 24,854.05, while the Sensex ended 218.14 points or 0.27 per cent and closed at 81,224.75. Amid this, the brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended five stocks including Hindalco Industries, Parag Milk Foods, Greaves Cotton, Black Box and Samvardhana Motherson International Ltd. These stocks can generate huge profits in the next 5-15 days.
Hindalco Industries EQ Share Price Target
The first stock picked by Axis Direct is Hindalco Industries Ltd. This stock is currently trading at Rs 753.5. The brokerage has given a target price of Rs 769 with a stop loss of Rs 723. The recommended entry price ranges from Rs 726 to Rs 734.50.
Target Price: Rs 769
Stop Loss: Rs 723
Parag Milk Foods EQ Share Price Target
The second stock picked by the brokerage is Parag Milk Foods, with a target price of Rs 250 and a stop loss of Rs 210. The recommended entry price ranges from Rs 218 to Rs 220.
Target Price: Rs 250
Stop Loss: Rs 210
Greaves Cotton EQ Share Price Target
The third stock picked by Axis Direct is the Greaves Cotton. This stock is currently trading at Rs 194.2. Brokerage has given a target price of Rs 223. While the stop loss for the stock is Rs 187. The recommended entry price ranges from Rs 195 to Rs 196.
Target Price: Rs 223
Stop Loss: Rs 187
Black Box EQ Share Price Target
Axis Direct has given a BUY recommendation to Black Box as well. The stock is currently trading at Rs 502.5. The target price of the stock is Rs 555 with a stop loss of Rs 485. The recommended entry price ranges from Rs 493 to Rs 498.
Target Price: Rs 555
Stop Loss: Rs 485
Samvardhana Motherson EQ Share Price Target
Axis Direct also picked Samvardhana Motherson International Ltd. The stock is currently trading at Rs 205.14. The brokerage has recommended a target price of Rs 218 for the stock with a stop loss of Rs 197. The recommended entry price ranges from Rs 200 to Rs 203.
Target Price: Rs 218
Stop Loss: Rs 197
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.
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