3 Short-Term Stocks To Buy Now- 3 Best Shares to Buy for Short-Term Gains: Axis Direct’s Expert Picks
3 Short-Term Stocks To Buy Now- In the backdrop of recent market volatility, investors are actively seeking opportunities for short-term gains. On May 9, the Indian stock market experienced a sharp decline due to intensifying geopolitical concerns between India and Pakistan. The BSE Sensex dropped by 880 points, closing at 79,454, while the Nifty50 plunged 266 points to 24,008. Amid this, brokerage firm Axis Direct has identified three promising stocks that could potentially deliver notable profits in the coming 5 to 15 days.
Let’s explore these analyst-backed picks along with their target prices, stop-loss levels, and reasons behind their selection.
🛡️ 1. Bharat Electronics Ltd (BEL)
- Current Market Price: ₹315.85
- Target Price: ₹335
- Stop-Loss: ₹308
- Recommended Entry: ₹315
Why Buy?
Bharat Electronics, a leading defense electronics PSU, has shown consistent growth with strong order books and profitability. Technically, it’s showing bullish patterns and is expected to hit the ₹335 mark soon. The downside is protected with a tight stop loss, making it ideal for short-term trading.
🧪 2. SRF Limited
- Current Market Price: ₹3004.30
- Target Price: ₹3100
- Stop-Loss: ₹2955
- Recommended Entry: ₹3014
Why Buy?
SRF, a diversified chemical company, is known for strong fundamentals and sectoral leadership. Analysts believe it has formed a solid base and could rally toward ₹3100 within 15 days. The stock also benefits from positive institutional sentiment.
📡 3. Astra Microwave Products Ltd
- Current Market Price: ₹882.05
- Target Price: ₹950
- Stop-Loss: ₹815
- Recommended Entry: ₹862
Why Buy?
Operating in the strategic communication and defense sector, Astra Microwave is well-positioned amid increasing defense allocations. With growing domestic orders and stable fundamentals, it presents a strong short-term opportunity as per Axis Direct.
📊 Additional Insights
Short-term investments carry risks but also offer quick returns if picked carefully. Stocks in sectors like defense and specialty chemicals often perform well during uncertain times, especially when backed by strong fundamentals and technical strength. Make sure to follow disciplined stop-loss strategies and do your own due diligence.
🔚 Final Note
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