Axis Direct Recommends Stocks to Buy for Quick Gains

Axis Direct Stocks To Buy: On December 4, domestic stock markets continued their upward trend for the fourth consecutive session, reaching the longest rally seen in the last two months. At the close of trading, the Sensex increased by 11 points to finish at 80,956, while the Nifty was up by 10 points, closing at 24,467. In this positive environment, Axis Direct has identified five stocks that could yield substantial profits within the next 0 to 15 days.

Axis Direct's Stock Picks

The brokerage firm has selected five stocks that include State Bank of India, Tata Consumer, Muthoot Finance, Colgate-Palmolive, and Cholamandalam Investment. These stocks are believed to have strong potential for profit-making in the near term.

Muthoot Finance - Price Target (0-15 Days)

The first recommendation from Axis Direct is Muthoot Finance, currently trading at Rs 1,947.80. The brokerage has set a target price of Rs 2,115 and suggests a stop loss at Rs 1,895, with an advisable entry price between Rs 1,931 and Rs 1,950.
Target Price: Rs 2,115
Stop Loss: Rs 1,895

Colgate-Palmolive - Price Target (0-15 Days)

Next on the list is Colgate-Palmolive, with a target price of Rs 3,112 and a stop loss set at Rs 2,840. Investors should look to enter the stock between Rs 2,879 and Rs 2,908.
Target Price: Rs 3,112
Stop Loss: Rs 2,840

Cholamandalam Investment - Price Target (0-15 Days)

Axis Direct also favors Cholamandalam Investment & Finance Company Ltd, currently priced at Rs 1,292.25. The target set for this stock is Rs 1,373, with a stop loss of Rs 1,245. Recommended entry prices are between Rs 1,265 and Rs 1,277.
Target Price: Rs 1,373
Stop Loss: Rs 1,245

Tata Consumer - Price Target (0-15 Days)

The brokerage has issued a buy recommendation for Tata Consumer, which is priced at Rs 961.20. The target price is Rs 1,041, with a stop loss at Rs 937. Suggested entry prices are between Rs 954 and Rs 963.
Target Price: Rs 1,041
Stop Loss: Rs 937

State Bank of India - Price Target (30 Days)

Finally, Axis Direct has recommended the State Bank of India. Currently trading at Rs 859.70, the target price is set at Rs 958, with a stop loss of Rs 838. Investors should consider entering the stock within the range of Rs 846 to Rs 864.
Target Price: Rs 958
Stop Loss: Rs 838

Disclaimer: The opinions and recommendations in this article are provided by investment experts. It is advisable for readers to consult their financial advisors before making investment decisions.

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