7 Stocks to Buy for Short Term: Analysts recommend largecap, midcap scrips for 2 weeks; Tata Motors, NTPC, HDFC Bank on the list
Stocks To Buy: Brokerage Axis Direct picked seven stocks that can generate profits in 0 to 15 days. These are Tata Motors, NTPC, HDFC Bank, and four more. Check out targets -
Stocks To Buy: On Tuesday (March 18), domestic markets were on a rallying spree as the Sensex jumped 1,131 points to close at 75,301, with the Nifty closing at 22,834. Firm buying in all the sectors boosted investors' sentiments and took all the sectoral indices into the positive territory. Amid this, brokerage Axis Direct has recommended seven stocks that could generate profits in the next 0 to 15 days.
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.
Stocks to Buy: Axis Direct's Pick
The seven stocks recommended by the brokerage are Gulf Oil Lubricants, Tata Motors, Balrampur Chini Mills, Tata Steel, NTPC, HDFC Bank, and Jindal Steel. These stocks can generate huge profits in the next 0-15 days.
Gulf Oil Lubricants EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Gulf Oil Lubricants India Ltd. This stock is currently trading at Rs 1207.5. The brokerage has given a target price of Rs 1,375 with a stop loss of Rs 1,199. The recommended entry price ranges from Rs 1,231 to Rs 1,243.
Gulf Oil Lubricants EQ Share Price Target (0-15 Days)
Target Price: Rs 1,375
Stop Loss: Rs 1,199
Tata Motors EQ Share Price Target (0-15 Days)
The second stock picked by Axis Direct is Tata Motors Ltd. This stock is currently trading at Rs 661.05. The brokerage has given a target price of Rs 727 with a stop loss of Rs 655. The recommended entry price ranges from Rs 665 to Rs 673.
Tata Motors EQ Share Price Target (0-15 Days)
Target Price: Rs 727
Stop Loss: Rs 655
Balrampur Chini Mills EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Balrampur Chini Mills Ltd. This stock is currently trading at Rs 477. The brokerage has given a target price of Rs 542 with a stop loss of Rs 466. The recommended entry price ranges from Rs 480 to Rs 485.
Balrampur Chini Mills EQ Share Price Target (0-15 Days)
Target Price: Rs 542
Stop Loss: Rs 466
Tata Steel EQ Share Price Target (5-15 Days)
The next stock picked by Axis Direct is Tata Steel Ltd. This stock is currently trading at Rs 151.81. The brokerage has given a target price of Rs 162.40 with a stop loss of Rs 150. The recommended entry price ranges from Rs 150.50 to Rs 153.10.
Tata Steel EQ Share Price Target (5-15 Days)
Target Price: Rs 162.40
Stop Loss: Rs 150
NTPC EQ Share Price Target (0-15 Days)
The next stock picked by Axis Direct is NTPC Ltd. This stock is currently trading at Rs 331.65. The brokerage has given a target price of Rs 356 with a stop loss of Rs 328. The recommended entry price ranges from Rs 332 to Rs 335.
NTPC EQ Share Price Target (0-15 Days)
Target Price: Rs 356
Stop Loss: Rs 328
HDFC Bank EQ Share Price Target (0-15 Days)
Axis Direct picked HDFC Bank as well. The stock is currently trading at Rs 1710.4. The brokerage has recommended a target price of Rs 1,816 for the stock with a stop loss of Rs 1,700. The recommended entry price ranges from Rs 1,710 to Rs 1,729.
HDFC Bank EQ Share Price Target (0-15 Days)
Target Price: Rs 1,816
Stop Loss: Rs 1,700
Jindal Steel EQ Share Price Target (0-15 Days)
Axis Direct has also picked Jindal Steel & Power Ltd. This stock is currently trading at Rs 897.25. The brokerage has given a target price of Rs 981 with a stop loss of Rs 885. The recommended entry price ranges from Rs 899 to Rs 909.
Jindal Steel EQ Share Price Target (0-15 Days)
Target Price: Rs 981
Stop Loss: Rs 885