Technical Analyst Ashwani Gujral has suggested investors to buy ‘Axis Bank’ stock for short term. The stock has been performing well from last few weeks.

Interested investors can buy the stock at Rs 1008 with a strict stop loss of Rs 985 for achieving a short term target of Rs 1150 within a period of 4-5 weeks.

Today, the stock has gained 0.61% at Rs 1,040.20 up till now (12:15 pm) on BSE, and it will surely achieve this target within said time period.

The stock still has good potential and it is rising exponentially year over year and offering up plentiful scope for investments.

Stock market analyst Ashwani Gujral has suggested investors to purchase ‘Orchid Chem’ stock to achieve short term target of Rs 400. It is looking very strong, and grasp it as much as you can.

The stock has performed in the previous trading sessions. Today, it opened at Rs 302 as compared to its Friday closure at Rs 294.70. Presently (1:00 pm), it is trading 0.25% down at Rs 293.95.

On Bombay Stock Exchange, the stock today has touched a new 52-week high of Rs 302. The investors can purchase the stock around Rs 278 with a stop loss of Rs 265. With an EPS of Rs 25.39, the stock is trading with a P/E of 11.58.

Educomp Solutions, which marked its closure at Rs 4160 at National Stock Exchange on yesterday (27 Dec), is looking profitable at the moment. It has been performing superbly from last 3-4 days.

In order to take advantage of the recent upward potentian, stock analyst Ashwani Gijral has suggested investors to buy the stock with strict stop loss of Rs 4300 for a price target of Rs 4850. The investors can achieve this target within 3-4 months.

Stock market analyst Ashwani Gujral is of the view that Everonn Systems India is looking strong to zoom in the coming weeks. Interested investors can buy the stock on declines with a stop loss of Rs 780-800. The price target for this counter is Rs 1200-1400.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 1,011 and a low of Rs 245. The company has earned a net profit of Rs 4 crore for year ending March 2007, and Rs 2 crore for quarter ending September 2007. Yesterday (27 Dec), the stock marked its closure at Rs 919 on National Stock Exchange. The total volume of share traded was 379868 on NSE.