Larsen & Toubro, 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 Friday, Axis Direct picked five stocks that can generate profits in 5 to 15 days. These are Larsen & Toubro, Deepak Nitrite, and three more. Check targets -
Axis Direct Top Stocks: During Thursday's session, domestic equities traded in a volatile manner; after a mildly higher opening, they pared all their gains and ended sharply lower. At the close, Nifty ended 0.89 per cent or 221.45 points lower at 24,749.85, while Sensex settled 495 points or 0.61 per cent lower at 81,006.61. 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 Larsen & Toubro, Genus Power, NCC, Deepak Nitrite, and Sumitomo Chemical. These stocks can generate huge profits in the next 5-15 days.
Larsen & Toubro EQ Share Price Target
The first stock picked by Axis Direct is Larsen & Toubro. This stock is currently trading at Rs 3570.3. The brokerage has given a target price of Rs 3,826 with a stop loss of Rs 3,490. The recommended entry price ranges from Rs 3,535 to Rs 3,574.
Target Price: Rs 3,826
Stop Loss: Rs 3,490
Genus Power EQ Share Price Target
The second stock picked by the brokerage is Genus Power, with a target price of Rs 465 and a stop loss of Rs 409. The recommended entry price ranges from Rs 416 to Rs 423.
Target Price: Rs 465
Stop Loss: Rs 409
NCC EQ Share Price Target
The third stock picked by Axis Direct is the NCC. This stock is currently trading at Rs 310.6. Brokerage has given a target price of Rs 345. While the stop loss for the stock is Rs 304. The recommended entry price ranges from Rs 308.50 to Rs 311.50.
Target Price: Rs 345
Stop Loss: Rs 304
Deepak Nitrite EQ Share Price Target
Axis Direct has given a BUY recommendation to Deepak Nitrite as well. The stock is currently trading at Rs 2868.75. The target price of the stock is Rs 3,012 with a stop loss of Rs 2,800. The recommended entry price ranges from Rs 2,820 to Rs 2,853.
Target Price: Rs 3,012
Stop Loss: Rs 2,800
Sumitomo Chemical EQ Share Price Target
Axis Direct also picked Sumitomo Chemical India Ltd. The stock is currently trading at Rs 566.15. The brokerage has recommended a target price of Rs 568 for the stock with a stop loss of Rs 543. The recommended entry price ranges from Rs 551 to Rs 557.50.
Target Price: Rs 568
Stop Loss: Rs 543
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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