Axis Direct Recommends Five Midcap Stocks for Short-Term Gains

Axis Direct Stocks To Buy: In a recent trading session, domestic equity benchmarks showed a mixed performance following a somewhat volatile day. The Sensex ultimately closed with little change, while the Nifty index experienced a slight decline. Gains in sectors like auto and PSU banks were overshadowed by underperformance in the IT space. In light of this market environment, the brokerage firm Axis Direct has identified five midcap stocks that may offer profitable opportunities within the next 0 to 15 days.

Stocks to Buy: Axis Direct's Selections

Axis Direct has provided a list of five recommended stocks: Vedanta, DLF, Zydus Lifesciences, SBI Life Insurance, and JSW Energy. These stocks are expected to exhibit strong performance over the coming weeks.

Vedanta EQ Share Price Target (5-15 Days)

The first stock highlighted by Axis Direct is Vedanta Ltd. Currently, the stock is trading at Rs 501.4. The brokerage has set a target price of Rs 520, with a stop loss at Rs 496. An appropriate entry point is suggested at Rs 502.
Target Price: Rs 520
Stop Loss: Rs 496

DLF EQ Share Price Target (0-15 Days)

Next on the list is DLF Ltd, which has a target price of Rs 912 and a stop loss set at Rs 840. The recommended entry price falls between Rs 848 and Rs 858.
Target Price: Rs 912
Stop Loss: Rs 840

Zydus Lifesciences EQ Share Price Target (0-15 Days)

The third stock under recommendation is Zydus Lifesciences Ltd. The current trading price is Rs 995.1, with a target price of Rs 1,085. Investors should note a stop loss at Rs 957 and are advised to enter between Rs 980 and Rs 989.
Target Price: Rs 1,085
Stop Loss: Rs 957

SBI Life Insurance EQ Share Price Target (0-15 Days)

Axis Direct also recommends SBI Life Insurance Company Ltd, which is trading at Rs 1,448.55. The target price for this stock is Rs 1,557, with a stop loss of Rs 1,413. Suggested entry points range from Rs 1,435 to Rs 1,449.
Target Price: Rs 1,557
Stop Loss: Rs 1,413

JSW Energy EQ Share Price Target (5-15 Days)

The final stock recommended by Axis Direct is JSW Energy. The stock is currently valued at Rs 674.35, with a target price set at Rs 710 and a stop loss at Rs 665. A suitable entry price is Rs 675.
Target Price: Rs 710
Stop Loss: Rs 665

Disclaimer: The insights and recommendations provided in this article reflect the views of investment professionals. It is advisable for individuals to consult their investment advisors prior to making any financial decisions.

Vedanta, DLF, Stocks, Investment, Finance