Stocks To Buy For 2 Weeks: Analysts bullish on largecap, midcap scrips for short term; MCX, Cipla on the list
Axis Direct Stocks To Buy: After the market closed on Thursday, Axis Direct picked five stocks that can generate profits in 0 to 15 days. These are MCX, Cipla, and three more. Check out targets -
Axis Direct Stocks To Buy: On Thursday, domestic equities extended their losing run for the seventh straight session. The 30-share BSE Sensex closed 0.04 per cent or 32.11 points lower at 76,138.97, while the NSE Nifty50 index ended with a cut of 0.06 per cent or 13.85 points at 23,031.4. Amid this, brokerage Axis Direct has recommended five stocks that could generate profits within one month.
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 five stocks recommended by the brokerage are MCX, Cipla, Divi's Lab, Moschip Technologies, and Campus Activewear. These stocks can generate huge profits in the next 0-15 days.
MCX EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is the Multi Commodity Exchange of India Ltd. This stock is currently trading at Rs 5610.9. The brokerage has given a target price of Rs 6,080 with a stop loss of Rs 5,580. The recommended entry price ranges from Rs 5,640 to Rs 5,705.
MCX EQ Share Price Target (0-15 Days)
Target Price: Rs 6,080
Stop Loss: Rs 5,580
Cipla EQ Share Price Target (0-15 Days)
The second stock picked by Axis Direct is Cipla Limited. This stock is currently trading at Rs 1472.15. The brokerage has given a target price of Rs 1,590 with a stop loss of Rs 1,450. The recommended entry price ranges from Rs 1,470 to Rs 1,485.
Cipla EQ Share Price Target (0-15 Days)
Target Price: Rs 1,590
Stop Loss: Rs 1,450
Divi's Lab EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Divi's Laboratories Ltd. This stock is currently trading at Rs 6010.5. The brokerage has given a target price of Rs 6,645 with a stop loss of Rs 5,985. The recommended entry price ranges from Rs 6,089 to Rs 6,150.
Divi's Lab EQ Share Price Target (0-15 Days)
Target Price: Rs 6,645
Stop Loss: Rs 5,985
Moschip Technologies EQ
Axis Direct picked Moschip Technologies Ltd as well. The stock is currently trading at Rs 184.39. The brokerage has recommended a target price of Rs 212 for the stock with a stop loss of Rs 176. The recommended entry price ranges from Rs 178 to Rs 181.
Moschip Technologies EQ
Target Price: Rs 212
Stop Loss: Rs 176
Campus Activewear EQ Share Price Target (0-15 Days)
Axis Direct also picked Campus Activewear Ltd. The stock is currently trading at Rs 290.8. The brokerage has recommended a target price of Rs 299 for the stock with a stop loss of Rs 266. The recommended entry price ranges from Rs 270 to Rs 273.
Campus Activewear EQ Share Price Target (0-15 Days)
Target Price: Rs 299
Stop Loss: Rs 266