Stocks to BUY: For positional traders, Axis Direct has selected 3 stocks for the next 15 days. Know the target and stoploss details for these.
Stocks to BUY: The effect of profit booking is being seen in the all-time high market. Nifty closed down 108 points at 24325 points. The overall trend, sentiment and momentum of the market remains positive. In such a situation, for positional traders, Axis Direct has selected 3 stocks for the next 5-15 days. These stocks are Bata India, Marico and LIC. Let us know the complete details including the target for these.
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Bata Share Price Target
Bata India’s stock closed at Rs 1540. The target for this is Rs 1640 and the stoploss is Rs 1500. It is advisable to buy in the range of Rs 1520-1542. The 52 week high for this stock is Rs 1770. There has been a jump of 3 percent in the last one week, 6.5 percent in two weeks and about 4 percent in one month.
Marico Share Price Target
Marico‘s stock closed at Rs 646. A target of Rs 702 and a stop loss of Rs 630 have been given for this. It is advisable to buy in the range of Rs 642-648. The 52-week high for this stock is Rs 667. The stock has gained 6.3 percent in the last one week and 5.4 percent in two weeks.
LIC Share Price Target
Buying is also recommended in LIC shares. This share is at the level of Rs 1050. The target for this is Rs 1140 and the stoploss is Rs 1015. Buying is recommended in the range of Rs 1032-1050. The 52 week high for this share is Rs 1175 which is also its all-time high. The share has risen by 6.3 percent in the last one week, 4.8 percent in two weeks and 5.3 percent in one month.
(Disclaimer: The stock investment advice given here is given by the brokerage house. These are not the views of Stock Wallah. Consult your advisor before investing.)
