Top Direct Axis Stocks You Can Buy: In Tuesday’s session, domestic shares after a weak opening amid weak Asian markets pared their losses to trade quickly in the green. Finally, the Nifty ended above the 25,000 level at 25,013.15, up 0.9 percent or 217.4 points, while the Sensex ended 0.72 percent or 584.81 points higher at 81,634.81. Meanwhile, the brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct Picks
The brokerage has recommended five stocks including Natco Pharma, Cochin Shipyard, Polycab India, Apollo Hospitals and Larsen & Toubro. These stocks can generate huge profits in the next 5-15 days.
Natco Pharma EQ Share Price Target
The first stock acquired by Axis Direct is Natco Pharma. This stock is currently trading at Rs 1426.5. The brokerage has assigned a target price of Rs 1,513 with a stop loss of Rs 1,385. The recommended entry price ranges from Rs 1,402 to Rs 1,416.
Target Price: R1,513
Stop Loss: R1,385
Cochin Shipyard EQ Share Price Target
The second stock picked by the brokerage is Cochin Shipyard, which has a target price of Rs 1,833 and a stop loss of Rs 1,565. The recommended entry price ranges from Rs 1,616 to Rs 1,632.
Target Price: R1,833
Stop Loss: R1,565
Polycab India EQ Share Price Target
The third stock picked up by Axis Direct is Polycab India. This stock is currently trading at Rs 7262.75. The brokerage has assigned a price target of Rs 7,975. While the stock’s stop loss is Rs 7,165. The recommended entry price ranges from Rs 7,214 to Rs 7,287.
Target Price: R7,975
Stop Loss: R7,165
Apollo Hospitals EQ Share Price Target
Axis Direct has also given Apollo Hospitals a BUY recommendation. The stock is currently trading at Rs 6924.3. The target price of the stock is Rs 7,250 with a stop loss of Rs 6,790. The recommended entry price ranges from Rs 6,835 to Rs 6,905.
Target Price: R7,250
Stop Loss: R6,790
Larsen & Toubro EQ Share Price Target
Axis Direct also selected Larsen and Toubro. The stock is currently trading at Rs 3532.4. The brokerage has raised a target price of Rs 3,739 on the stock with a stop loss of Rs 3,435. The recommended entry price ranges from Rs 3,475 to Rs 3,511.
Target Price: R3,739
Stop Loss: R3,435
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