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Axis Direct Stocks To Buy: On Friday, the domestic stock market continued its losing streak for the fourth straight session, with auto and pharma stocks leading the decline. Amid this, brokerage Axis Direct has recommended nine stocks that could generate profits within two weeks.
The nine stocks recommended by the brokerage are Tata Steel, SBI Life Insurance, Asian Paints, IndusInd Bank, MOFSL, Indian Hotels, Canara Bank, Bajaj Auto, and Castrol India. These stocks can generate huge profits in the next 0-15 days.
The first stock picked by Axis Direct is Tata Steel Ltd. This stock is currently trading at Rs 140.76. The brokerage has given a target price of Rs 148 with a stop loss of Rs 137. The recommended entry price is Rs 140.
Target Price: Rs 148
Stop Loss: Rs 137
The second stock picked by Axis Direct is SBI Life Insurance Ltd. This stock is currently trading at Rs 1495.4. The brokerage has given a target price of Rs 1,563 with a stop loss of Rs 1,459. The recommended entry price ranges from Rs 1,471 to Rs 1,485.
Target Price: Rs 1,563
Stop Loss: Rs 1,459
The third stock picked by Axis Direct is Asian Paints Ltd. This stock is currently trading at Rs 2257.6. The brokerage has given a target price of Rs 2,354 with a stop loss of Rs 2,222. The recommended entry price ranges from Rs 2,233 to Rs 2,255.
Target Price: Rs 2,354
Stop Loss: Rs 2,222
Axis Direct picked IndusInd Bank Ltd as well. The stock is currently trading at Rs 1043.75. The brokerage has recommended a target price of Rs 1,123 for the stock with a stop loss of Rs 1,023. The recommended entry price ranges from Rs 1,038 to Rs 1,048.
Target Price: Rs 1,123
Stop Loss: Rs 1,023
Axis Direct has also picked Motilal Oswal Financial Services Ltd. This stock is currently trading at Rs 613.45. The brokerage has given a target price of Rs 680 with a stop loss of Rs 610. The recommended entry price is Rs 636.
Target Price: Rs 680
Stop Loss: Rs 610
Axis Direct picked Indian Hotels Co Ltd as well. The stock is currently trading at Rs 757.55. The brokerage has recommended a target price of Rs 790 for the stock with a stop loss of Rs 745. The recommended entry price is Rs 758.
Target Price: Rs 790
Stop Loss: Rs 745
Axis Direct also picked Canara Bank Ltd. The stock is currently trading at Rs 87.33. The brokerage has recommended a target price of Rs 95 for the stock with a stop loss of Rs 85.40. The recommended entry price ranges from Rs 86.90 to Rs 87.80.
Target Price: Rs 95
Stop Loss: Rs 85.40
Axis Direct picked Bajaj Auto Ltd as well. The stock is currently trading at Rs 8506.05. The brokerage has recommended a target price of Rs 9,098 for the stock with a stop loss of Rs 8,430. The recommended entry price ranges from Rs 8,511.03 to Rs 8,597.
Target Price: Rs 9,098
Stop Loss: Rs 8,430
Axis Direct also picked Castrol India Ltd. The stock is currently trading at Rs 215.42. The brokerage has recommended a target price of Rs 233 for the stock with a stop loss of Rs 205. The recommended entry price ranges from Rs 210 to Rs 212.
Target Price: Rs 233
Stop Loss: Rs 205
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.