Axis Direct Recommends Five Stocks for Short-Term Gains

Axis Direct Stocks To Buy: In a positive turn for domestic stock markets, the indices continued their upward trajectory, marking a fourth consecutive session of gains on December 4. The Sensex rose by 11 points to settle at 80,956, while the Nifty increased by 10 points, closing at 24,467. Against this backdrop, brokerage firm Axis Direct has identified five stocks that have the potential to yield returns within the next 0 to 15 days.

Stocks to Buy: Latest Picks from Axis Direct

Among the selected stocks are Muthoot Finance, Tata Consumer, Colgate-Palmolive, Cholamandalam Investment, and State Bank of India. These stocks have been identified as opportunities for significant profits in the near term.

Muthoot Finance: Price Target for 0-15 Days

The first recommendation from Axis Direct is Muthoot Finance, currently trading at Rs 1947.8. The firm has set a target price of Rs 2,115, accompanied by a stop loss at Rs 1,895. Investors are advised to consider an entry price between Rs 1,931 and Rs 1,950.
Target Price: Rs 2,115
Stop Loss: Rs 1,895

Colgate-Palmolive: Price Target for 0-15 Days

Next in line is Colgate-Palmolive, with a proposed target price of Rs 3,112 and a stop loss of Rs 2,840. The suggested entry point for this stock ranges from Rs 2,879 to Rs 2,908.
Target Price: Rs 3,112
Stop Loss: Rs 2,840

Cholamandalam Investment: Price Target for 0-15 Days

The third stock highlighted is Cholamandalam Investment & Finance Corporation, trading at Rs 1292.25. Axis Direct has set a target price of Rs 1,373, with a stop loss at Rs 1,245. The recommended entry range is from Rs 1,265 to Rs 1,277.
Target Price: Rs 1,373
Stop Loss: Rs 1,245

Tata Consumer: Price Target for 0-15 Days

Axis Direct has also recommended Tata Consumer for investors. This stock is currently priced at Rs 961.2, with a target of Rs 1,041 and a stop loss of Rs 937. The advisable entry prices range from Rs 954 to Rs 963.
Target Price: Rs 1,041
Stop Loss: Rs 937

State Bank of India: Price Target for 30 Days

The final stock on the list is State Bank of India, trading at Rs 859.7. The target price is Rs 958, and the stop loss is Rs 838. Suggested entry prices should be between Rs 846 and Rs 864.
Target Price: Rs 958
Stop Loss: Rs 838

Disclaimer: The views and recommendations expressed in this article are based on the advice of investment experts. Readers are encouraged to consult their financial advisors before making any investment decisions.

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