5 Stocks to Buy Today: September 13, 2021

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy Today

1. TTK Prestige Limited (TTKPRESTIG)

TTK Prestige Ltd is the leading manufacturer of Pressure cookers in India and offers the most comprehensive range of kitchenware in the world.One of the greatest recent achievements for Prestige is their entry into the non-south market. Having done their research, Prestige introduced an innovative cooker like the colourful Pressure Handis that compliment their style of cooking.

TTKPRESTIG Stock Details for Today: 

- Current Market Price: Rs.9,358

- Stop Loss: Rs.9,200

- Target 1: Rs. 9,550

- Target 2: Rs. 9,800

- Holding Period: One week

5paisa Recommendation: Strong volumes indicate this is likely to be a coveted stock, thus making it to the top stocks to buy list. 

2. Apl Apollo Tubes Ltd (APLAPOLLO)

APL Apollo Tubes Ltd is one of the leading manufacturers of hollow section steel tubes and pre-galvanized steel tubes in the country. The company is a leading manufacturer and exporter of ERW Black, Hot Dipped Galvanised, Pre-Galvanized Steel Tubes, Hollow Sections & Structural Steel. 

APLAPOLLO Stock Details for Today: 

- Current Market Price: Rs. 1,880

- Stop Loss: Rs. 1,800

- Target 1: Rs. 2,000

- Target 2: Rs. 2,130

- Holding Period: One week 

5paisa Recommendation: Our technical analysts observe a strong momentum in this stock and our experts expect the uptrend to continue today as well.

3. IIFL Wealth Management Ltd (IIFLWAM)

IIFL Wealth Management Ltd. is an Indian wealth management firm, headquartered in Mumbai, India. The company offers wealth management, asset management, portfolio management services, investment products, treasury services, estate planning and lending solutions among others.

IIFLWAM Stock Details for Today: 

- Current Market Price: Rs. 1,674

- Stop Loss: Rs. 1,600

- Target 1: Rs. 1,760

- Target 2: Rs. 1,900

- Holding Period: One week

5paisa Recommendation:  With a strong performance and demand, IIFLWAM is expected to continue the uptrend, thus making it one of the best stocks to buy today.

4. Welspun Corp Ltd (WELCORP)

Welspun Corp Ltd is one of the largest manufacturers of Large Diameter Line Pipe companies in the world.WCL currently offers a one stop solution in line pipes with a capacity to manufacture Longitudinal (LSAW), Spiral (HSAW) and HFERW / HFI (ERW) pipes.The company additionally offers coating, bending and double jointing facilities.

WELCORP Stock Details for Today: 

- Current Market Price: Rs. 125

- Stop Loss: Rs. 121

- Target 1: Rs. 129

- Target 2: Rs. 133

- Holding Period: One Week

5paisa Recommendation:  It is likely that the momentum is slowly shifting for possible recovery, based on technical analysis. Thus, making it to our list of top 5 stocks to buy today. 

5. Stove Kraft Ltd (STOVEKRAFT)

Stove Kraft Limited is an India-based kitchen solutions and home solutions company. The Company is engaged in the manufacture and retail of a suite of kitchen solutions under its Pigeon and Gilma brands and manufactures kitchen solutions under the BLACK + DECKER brand, covering a range of kitchen solutions. Its kitchen solutions comprise of cookware and cooking appliances across its brands, and its home solutions comprise various household utilities, including consumer lighting.

STOVEKRAFT Stock Details for Today: 

- Current Market Price: Rs. 969

- Stop Loss: Rs. 940

- Target 1: Rs. 1,000

- Target 2: Rs. 1040

- Holding Period: One week buy

5paisa Recommendation:  Our technical analysts observe that sideways move expected to end.  Thus making STOVEKRAFT as one of our strongest recommended Stocks to Buy Today.

Share Market Today

SGX Nifty:
SGX Nifty indicates muted opening for Indian markets SGX Nifty is at 17,362.50 levels, lower 8.50 points. (Updated at 7:48 AM)

International Markets:
US Market: US markets on Friday see the biggest losing streak since May as Dow Jones falls for 5th day running.

Smart money exits equities and buys bonds as markets run ahead of valuations with liquidity seeing bubbles in select pockets. Bond yields closed at 1.34% even as US$ sees flat closed at 92.5.

Asian Market: Asian markets opened muted with investors ignoring the US sell-off and the long-range missile tested by North Korea.

Most Asian markets are now seeing a catch-up rally as the Japanese 'Nikkei' leads the gains in last week with expectations of popular Prime Minister-elect expected to boost economic growth.