Axis Direct Recommends Top Stocks HDFC AMC, Sumitomo Chemical, Kaynes Tech for Short-Term Gains

Axis Direct Top 5 Stocks: On Wednesday, domestic stocks concluded the day marginally higher despite positive global cues and growing hope that the Fed may decide to lower interest rates. Nifty closed over 24,140 points at the close.

Buy 1/7 Stocks: Axis Direct’s Selection

Axis Direct Recommends Top Stocks HDFC AMC

Axis Direct Recommends Top Stocks HDFC AMC

The brokerage has suggested five companies, including Sumitomo Chemical, Kaynes Tech, HDFC AMC, EPL Ltd, and Clean Science, ahead of Friday’s market opening. In the upcoming five to fifteen days, these stocks have the potential to produce enormous returns.

2/7 Target for Sumitomo Chemical’s EQ Share Price

Sumitomo Chemical EQ is the first stock that Axis Direct has selected. The current price of this stock is Rs 536.95. With a stop loss of Rs 524, the brokerage has set a target price of Rs 604. The suggested pricing range for entrance is between Rs 539 and Rs 544.

Goal Cost: INR 604

Stop Loss: Rs. 524

3/7 Target Share Price for Kaynes Tech EQ

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The brokerage has chosen Kaynes Tech as its second stock, with a target price of Rs 5,055 and a stop loss of Rs 4,665. The suggested entry price is between Rs 4,700 and Rs 4,750.

Goal Price: INR 5,055

Stop Loss: 4,665 rupees

4/7 Target Share Price for HDFC AMC EQ

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HDFC AMC was also chosen by Axis Direct. The brokerage has set a stop loss of Rs 4,110 and a target price of Rs 4,450 for the stock. The recommended pricing range for entrance is between Rs 4,150 and Rs 4,195.

The desired price is Rs 4,450.

Stop Loss: 4,110 rupees

5/7 Target for EPL Ltd.’s EQ Share Price, Axis Direct Recommends Top Stocks HDFC AMC

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Additionally, Axis Direct has recommended that EPL Ltd be purchased. At present, the stock is trading at Rs 242.79. The stock has a target price of Rs 265 and a stop loss of Rs 225.

Goal Cost: INR 265

Rs 225 is the stop loss.

6/7 Target Price for Clean Science EQ Shares

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Additionally, the brokerage business recommends buying Clean Science. At the moment, the stock is selling at Rs 1587.2. With a stop loss of Rs 1,565, the stock has a target objective of Rs 1,727. The recommended pricing range for entrance is between Rs 1,580 and Rs 1,595.

Goal Price: INR 1,727

Stop Loss: INR 1,565

7/7 Notice of Disclaimer

The opinions, recommendations, and suggestions made in this article are only those of financial professionals. Before making any financial decisions, stock 24 news advises its readers to speak with their investment advisors.

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