5 Stocks to Buy Today: October 20, 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 October 20

1. Mahindra Cie (MAHINDCIE)

Mahindra Cie Stock Details for Today: 

- Current Market Price: Rs. 283

- Stop Loss: Rs. 276

- Target 1: Rs. 290

- Target 2: Rs. 296

- Holding Period: One week

5paisa Recommendation: Our technical experts see end in sideways move of the stock hence making this stock best stock to buy.

2. Sonata Software (SONATSOFTW)

Sonata Software Stock Details for Today: 

- Current Market Price: Rs. 961

- Stop Loss: Rs. 935

- Target 1: Rs. 990

- Target 2: Rs. 1,025

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying in the stock and recommends buying this stock.

3. Mphasis Ltd (MPHASIS)

Mphasis Ltd Stock Details for Today: 

- Current Market Price: Rs. 3,546

- Stop Loss: Rs. 3,450

- Target 1: Rs. 3,655

- Target 2: Rs. 3,750

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

4. Jk Tyre (JKTYRE)

Jk Tyre Stock Details for Today: 

- Current Market Price: Rs. 167

- Stop Loss: Rs. 163

- Target 1: Rs. 171

- Target 2: Rs. 177

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

5. Neogen Chemicals (NEOGEN)

Neogen Chemicals Stock Details for Today: 

- Current Market Price: Rs. 1,369

- Stop Loss: Rs. 1,332

- Target 1: Rs. 1,410

- Target 1: Rs. 1,465

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.