5 Stocks to Buy Today: September 17, 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. Kolte-Patil Developers Ltd (KOLTEPATIL)

KOLTEPATIL Stock Details for Today: 

- Current Market Price: Rs.312

- Stop Loss: Rs.303

- Target 1: Rs.324

- Target 2: Rs.340

- Holding Period: 10 days

5paisa Recommendation: Our technical analysts observe a strong volume in this stock.

2. Cholamandalam Investment and Fin Co Ltd (CHOLAFIN)

CHOLAFIN Stock Details for Today: 

- Current Market Price: Rs. 609

- Stop Loss: Rs. 590

- Target 1: Rs. 628

- Target 2: Rs. 660

- Holding Period: 10 days

5paisa Recommendation: Our technical analysts observed that sideways move in this stock is expected to end. 

3. Clean Science and Technology Ltd (CLEAN)

CLEAN Stock Details for Today: 

- Current Market Price: Rs. 1,948

- Stop Loss: Rs. 1,900

- Target 1: Rs. 2,030

- Target 2: Rs. 2,150

- Holding Period: 10 days

5paisa Recommendation: Our technical analysts observed that further buying is expected in CLEAN.

4. Avenue Supermarts Ltd (DMART)

DMART Stock Details for Today: 

- Current Market Price: Rs. 4,085

- Stop Loss: Rs. 3,970

- Target 1: Rs. 4,200

- Target 2: Rs. 4,430

- Holding Period: 10 days

5paisa Recommendation: Momentum is on positive side, thus making DMART to the top stocks to buy list.

5. HLE Glascoat Ltd (HLEGLAS)

HLEGLAS Stock Details for Today: 

- Current Market Price: Rs. 5,108

- Stop Loss: Rs. 4,980

- Target 1: Rs. 5.350

- Holding Period: 10 days

5paisa Recommendation:  Our technical analysts observed strong volumes in HLEGLAS.  Thus making stock as one of our strongest recommended Stocks to Buy Today.

Share Market Today

SGX NIFTY: 

SGX Nifty indicates positive opening for Indian markets. SGX Nifty is at 17,698.80 levels, higher 87.75 points. (Updated at 7:44 AM)..

International Markets:

US Market:

US markets ended in the red after a volatile session as Dow Jones recovered from lows of the day down 275 to close lower by 60 points, while Nasdaq managed to close in the green.

US bond yields closed higher at 1.34% while US$ also closed higher at 92.88 as Gold prices edge lower for 3rd day running.

Asian Market:

Asian markets opened mixed with the Japanese 'Nikkei' trading higher by 100 points even as other indices consolidated.

The Hang Seng index for Hong Kong stocks continues to underperform the region as Chinese stocks are listed under pressure as ETF outflows see money chase Indian equities.

Taiwan and South Korean markets also move sideways as semi-conductor manufacturers seek more time to raise output.