Voltas, Jubilant FoodWorks and 3 more: Axis Direct recommends buying 5 stocks for 5-15 days | Check the target, stop losing
Axis Direct Stocks: In Thursday’s session, domestic stocks ended with gains after the start of a new record high following a major rate cut by the Federal Reserve. Finally, the Nifty settled below 25,450 levels at 25,415.8, up 0.15 percent or 38.25 points from today’s record high, while the Sensex ended 0.22 percent or 185.66 points higher at 83,133.89. 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 recommended five stocks including Voltas, Jubilant FoodWorks, ICICI Bank, Nestle India, and CreditAccess Grameen. These stocks can generate huge profits in the next 5-15 days.
Voltas EQ Share Price Target
The first stock acquired by Axis Direct is Voltas. This stock is currently trading at Rs 1929.2. The brokerage has assigned a target price of Rs 1,960 with a stop loss of Rs 1,895. The recommended entry price is Rs 1,918.
Target Price: R1,960
Stop Loss: R1,895
Jubilant FoodWorks EQ Share Price Target
The second stock picked by the trader is Jubilant FoodWorks Limited, which has a target price of Rs 730 and a stop loss of Rs 676. The recommended entry price is Rs 687.
Target Price: R730
Stop Loss: R676
ICIC Bank EQ Share Price
The third stock taken by Axis Direct is ICICI Bank. This stock is currently trading at Rs 1292. The brokerage has assigned a price target of Rs 1350. While the stock’s stop loss is Rs 1292. The recommended entry price is Rs 1,293.
Target: R1350
Stop Loss: A total of R1292
Nestle India EQ Share Price Target
Axis Direct has given a BUY recommendation on Nestle India as well. The stock is currently trading at Rs 2634.2. The target price of the stock is Rs 2,710 with a stop loss of Rs 2,615. The recommended entry price is Rs 2,653.
Target Price: R2,710
Stop Loss: R2,615
CreditAccess Grameen EQ Share Price Target
Axis Direct has also selected CreditAccess Grameen Limited. The brokerage has assigned a target price of Rs 1,341 to the stock with a stop loss of Rs 1,225. The recommended entry price ranges from Rs 1,242 to Rs 1,254.
Target Price: R1,341
Stoploss: R1,225
Disclaimer: The opinions/suggestions/recommendations expressed here in this article are for investment professionals only. Zee Business suggests that its readers consult their investment advisors before making any financial decision.
