Top Stocks to Buy in a Bullish Market: Key Recommendations for Investors

KKN Gurugram Desk | The stock market has recently witnessed a significant surge, with bulls taking control. Last week, the market recorded its highest surge in four years, signaling a positive trend in the market. The first trading session of the week opened with a surge, crossing the 23,500 mark, indicating a strong bullish momentum. In this optimistic market environment, Axis Direct has selected five stocks for positional traders over the next 15 days. These stocks, including PVR Inox, Glenmark Pharma, Godrej Consumer, Deepak Fertilizer, and Waaree Energies, are seen as key investment opportunities. Let’s explore the price targets and the complete details for these stocks.

1. PVR Inox Share Price Target

• Current Price: ₹975

• Buy Range: ₹966 – ₹975

• Target Price: ₹1,065

• Stop Loss: ₹945

PVR Inox is one of the leading cinema chain stocks in India and has been gaining investor attention. The stock is currently priced at ₹975, and analysts recommend buying it within the range of ₹966-975. The stock has a target price of ₹1,065, reflecting its growth potential in the coming days. With a strong brand presence and the resurgence of cinema post-pandemic, the stock is expected to perform well. A stop-loss of ₹945 is recommended to minimize potential losses in case of any market volatility.

2. Glenmark Pharma Share Price Target

• Current Price: ₹1,515

• Buy Range: ₹1,476 – ₹1,509

• Target Price: ₹1,660

• Stop Loss: ₹1,445

Glenmark Pharma has been a strong performer in the pharmaceutical sector, with steady growth in revenues and market share. The stock is priced at ₹1,515, and experts suggest buying it in the range of ₹1,476-1,509. The stock has a target price of ₹1,660, offering attractive upside potential for investors. Glenmark has a solid portfolio of generic drugs and continues to expand globally. A stop-loss at ₹1,445 is advised to safeguard against significant price dips.

3. Godrej Consumer Share Price Target

• Current Price: ₹1,111

• Buy Price: ₹1,111 (Buy at the current price)

• Target Price: ₹1,150

  Related Post

  1. Samastipur Crime News: Youth Shot Dead by Bike-Borne Assailants in Ujiarpur
  2. Ajay Rai Demands Enhanced Security for Rahul Gandhi During Bihar Jan Adhikar Yatra

• Stop Loss: ₹1,100

Godrej Consumer, part of the Godrej Group, is one of the most trusted brands in India, offering products ranging from home care to personal care. The stock is currently trading at ₹1,111, and analysts recommend buying at this price. The target price for the stock is ₹1,150, indicating a modest but steady growth potential. A stop-loss level of ₹1,100 is suggested to protect against downside risks.

4. Deepak Fertilizer Share Price Target

• Current Price: ₹1,143

• Buy Range: ₹1,127 – ₹1,140

• Target Price: ₹1,272

• Stop Loss: ₹1,096

Deepak Fertilizers, a leader in the fertilizers and chemicals industry, is another stock that is expected to perform well in the current market conditions. The stock is currently priced at ₹1,143, and analysts recommend buying it in the range of ₹1,127-1,140. With a target price of ₹1,272, Deepak Fertilizer is likely to benefit from favorable agricultural trends and strong demand in the chemical sector. A stop-loss of ₹1,096 is advised to minimize risk.

5. Waaree Energies Share Price Target

• Current Price: ₹2,352

• Buy Range: ₹2,281 – ₹2,304

• Target Price: ₹2,577

• Stop Loss: ₹2,213

Waaree Energies, a prominent player in the Indian solar energy sector, has shown impressive growth potential in the renewable energy market. Currently trading at ₹2,352, analysts suggest buying in the range of ₹2,281-2,304. The target price for this stock is ₹2,577, indicating significant upside potential. As the world increasingly shifts toward green energy, Waaree Energies stands to benefit from the growing demand for solar power solutions. A stop-loss of ₹2,213 is recommended to protect against market volatility.

The stock market is currently in a strong bullish phase, and investors have the opportunity to take advantage of rising stocks across various sectors. The stocks selected by Axis Direct—including PVR Inox, Glenmark Pharma, Godrej Consumer, Deepak Fertilizers, and Waaree Energies—offer great potential for growth in the next 15 days. However, it is always essential to consult with a financial advisor before making any investment decisions. These stocks are poised for growth, and with the right strategies, investors can see excellent returns. Keep an eye on market trends and set appropriate targets and stop-loss levels to manage risk effectively.