5 Stocks to Buy Today: September 1

by 5paisa Research Team 01/09/2021

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. Here is a list of five stocks to trade today. The average holding period could be between 7-10 days on average.

 

Stock Recommendations - September 1

 

Stock

Current Market Price

Stop Loss

Target

JSW ENERGY (JSWENERGY)

265

256

284

Bullish candle pattern for the day

Holding Period: One week buy

 

Stock

Current Market Price

Stop Loss

Target

APOLLO HOSPITAL (APOLLOHOSP)

4,970

4,830

5,300

Stock has bounced from the short-term support

Holding Period: One week buy

 

Stock

Current Market Price

Stop Loss

Target

ASIAN PAINTS (ASIANPAINT)

3,201

3,140

3,330

Paint sector seeing some buying interest

Holding Period: One week buy

 

Stock

Current Market Price

Stop Loss

Target

SBI CARD (SBICARD)

1,141

1,095

1,270

Stock is near short-term resistance, which we expect to cross

Holding Period: Five days buy

 

Stock

Current Market Price

Stop Loss

Target

RAIN INDUSTRIES (RAIN)

226

219

240

Recovery is likely to continue in the stock

Holding Period: Five days buy

 

Also Read: How did our Stock Ideas for August 31 Perform?

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