Stocks to Buy Today
Every morning our analysts scan through the markets universe and choose one of the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the preferred ones make it to the leading 5 list. We also update on the performance of earlier recommendations 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.
5 Stocks to Buy or Sell on 15-July-2024
1. MTNL: VOLUME SPURT
On the daily scale, the stock has crossed the prior swing highs and sustained on highs with volume spurt that indicates buying interest among the traders.
MTNL Share Price Target for Today:
● Action: BUY
● Buy: ₹46.20
● Stop Loss: ₹43.90
● Target 1: ₹48.50
● Target 2: ₹51
2. MUTHOOTFIN: HIGHER HIGHS & HIGHER LOWS FORMATION
The stock has been trading in bullish trajectory with higher highs & higher lows formation and the support of 21-DEMA.
MUTHOOTFIN Share Price Target for Today:
● Action: BUY
● Buy: ₹1847
● Stop Loss: ₹1783
● Target 1: ₹1912
● Target 2: ₹1975
3. SJVN: RISING VOLUME
After the sideways move, the stock started to pickup volume gradually that shows buying interest among the traders. A momentum reading is above 68 mark that supports bullish strength on the daily frame.
SJVN Share Price Target for Today:
● Action: BUY
● Buy: ₹151
● Stop Loss: ₹144
● Target 1: ₹158
● Target 2: ₹167
4. MSTCLTD: CONSOLIDATION BREAKOUT
On the daily scale, the stock has given a breakout from a consolidation phase supported by rising volumes which is a bullish sign.
MSTCLTD Share Price Target for Today:
● Action: BUY
● Buy: ₹926
● Stop Loss: ₹889
● Target 1: ₹963
● Target 2: ₹1000
5. TECHM: BULLISH PATTERN
The stock has formed Flag pattern on the daily chart that suggest bullish strength in the stock. Moreover, the volume spurt has also added positive sign for the buying.
TECHM Share Price Target for Today:
● Action: BUY
● Buy: ₹1505
● Stop Loss: ₹1460
● Target 1: ₹1550
● Target 2: ₹1590
Check Stocks in News Today: Latest News on Trending Stocks Today
High Performing Stocks Yesterday
| Stock Name | Percentage (%) |
|---|---|
| IDEAFORG | Went up 3.6% |
| SONACOMS | Went up 2.5% |
Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Share Market Today
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| S&P ASX 200 | 8323.00 | -3.3 (-0.04%) |
| CAC 40 | 7222.87 | 17.4 (0.24%) |
| DAX | 19054.07 | 48.68 (0.26%) |
| Dow | 43413.48 | 139.53 (0.32%) |
| FTSE 100 | 8095.28 | 13.24 (0.16%) |
| Hang Seng | 19632.51 | -72.51 (-0.37%) |
| Nikkei 225 | 38012.04 | -340.23 (-0.89%) |
| S&P | 5953.75 | 2.25 (0.04%) |
| Gift Nifty | 23369.00 | -284.5 (-1.2%) |
| Shanghai Composite | 3354.17 | -13.82 (-0.41%) |
| Taiwan Weighted | 22555.66 | -132.7 (-0.58%) |
| US 30 | 43388.50 | -20 (-0.05%) |
| ATX Prime | 0.00 | (%) |
| KBW Bank | 0.00 | (%) |
| ARCA Biotechnology | 0.00 | (%) |
| PSI All Share Gross Return | 0.00 | (%) |
| ISE Cloud Computing | 0.00 | (%) |
| DJC: Dow Jones-UBS Commodity Index | 0.00 | (%) |
| Dow Jones Transportation | 0.00 | (%) |
| Dow Jones Utility | 0.00 | (%) |
| Dow Jones Biotechnology | 0.00 | (%) |
| Dow Jones Oil & Gas | 0.00 | (%) |
| ARCA Pharmaceutical | 0.00 | (%) |
| First North Finland EUR PI | 0.00 | (%) |
| NASDAQ Financial 100 | 0.00 | (%) |
| NASDAQ Health Care | 0.00 | (%) |
| S&P Midcap 400 | 0.00 | (%) |
| NASDAQ Biotechnology | 0.00 | (%) |
| Nasdaq 100 | 0.00 | (%) |
| NASDAQ 100 Technology Sector | 0.00 | (%) |
| S&P 100 | 0.00 | (%) |
| S&P Small-Cap 600 Index | 0.00 | (%) |
| S&P OIL GAS EXPLOR PROD | 0.00 | (%) |
| S&P RETAIL SELECT INDUST | 0.00 | (%) |
Frequently Asked Questions
To choose the best stocks to buy today, follow these tips:
1. Understand the business by doing your research. Analysing the fundamentals and technical aspects of a stock and understanding a business' prospects can help determine its fair value and ensure its alignment with your plans.
2. Building your portfolio requires a combination of quantitative and qualitative analysis. As a result, you can develop a strategy that works for you.
3. Make investment decisions without emotion. You should avoid buying a stock just because it's hyped or selling it just because it's most wanted.
4. Diversifying your portfolio will spread your risks.
The above tips will help you choose the best stocks to buy today. Invest Now
To invest in the best stocks to buy today using 5paisa, follow these steps:
1. Install the 5paisa app on your device
2. Use your customer ID and password and log into the app
3. Use the 'Pay-in' button to transfer funds to your trading account
4. Do your research to find the stocks to buy today
5. Search for desired best stocks to buy today
6. Make a purchase order
To open demat account via website, click here