Axis Direct's Recommended Stocks for Short-Term Gains

Axis Direct Stocks To Buy: On December 4, the domestic stock markets continued their upward trend, recording a fourth consecutive session of gains. This marks the longest rally in the past two months. By the close of trading, the Sensex rose by 11 points to finish at 80,956, while the Nifty increased by 10 points, closing at 24,467. In light of these developments, Axis Direct has identified five stocks that are poised to yield profits within the next 0 to 15 days.

Stocks to Consider: Axis Direct's Selections

Axis Direct has shortlisted five stocks that include Muthoot Finance, Colgate-Palmolive, Cholamandalam Investment, Tata Consumer, and State Bank of India. These stocks are expected to be profitable in the near term, specifically over the next two weeks.

Muthoot Finance Price Target (0-15 Days)

The first stock on Axis Direct's list is Muthoot Finance, currently trading at Rs 1,947.80. The brokerage has set a target price of Rs 2,115 and advises a stop loss at Rs 1,895. Investors should aim to enter at prices 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 is Colgate-Palmolive, for which Axis Direct has established a target price of Rs 3,112 and a stop loss at Rs 2,840. Recommended entry prices range from Rs 2,879 to Rs 2,908.
Target Price: Rs 3,112
Stop Loss: Rs 2,840

Cholamandalam Investment Price Target (0-15 Days)

Cholamandalam Investment & Finance Company Ltd is the third stock highlighted. It is currently trading at Rs 1,292.25, with a target price set at Rs 1,373 and a stop loss of Rs 1,245. Investors should consider entering at prices 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)

Tata Consumer has also received a buy recommendation. The stock is trading at Rs 961.20, with a target price of Rs 1,041 and a stop loss positioned at Rs 937. Enter between Rs 954 and Rs 963.
Target Price: Rs 1,041
Stop Loss: Rs 937

State Bank of India Price Target (30 Days)

Lastly, the State Bank of India is another stock selected by Axis Direct. Currently, it is trading at Rs 859.70, with a suggested target price of Rs 958 and a stop loss of Rs 838. Recommended entry prices are between Rs 846 and Rs 864.
Target Price: Rs 958
Stop Loss: Rs 838

Disclaimer: The views, suggestions, and recommendations expressed in this article are solely those of investment experts. It is advisable for readers to consult their investment advisers before making any financial decisions.

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