5 Stocks to Buy Today: September 28, 2021

5 Stocks to Buy
by 5paisa Research Team 27/09/2021

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. 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. Indian Railway Catering And Tourism (IRCTC)

Indian Railway Catering and Tourism Corporation (IRCTC) is an India-based company engaged in offering Internet ticketing, catering and tourism. The Company is engaged in offering catering and hospitality services at stations, on trains and other locations. Its segments include Catering and Hospitality; Internet Ticketing; Travel and Tourism, and Packaged Drinking Water (Rail Neer).

IRCTC Stock Details for Today: 

- Current Market Price: Rs.3,835

- Stop Loss: Rs. 3,740

- Target 1: Rs. 3,900

- Target 2: Rs. 4,050

- Holding Period: One week

5paisa Recommendation: Sideways Momentum likely to end, thus making it to the top stocks to buy list. 

 

2. Prestige Estates (PRESTIGE)

Prestige EstatesStock Details for Today: 

- Current Market Price: Rs. 495

- Stop Loss: Rs. 481

- Target 1: Rs. 507

- Target 2: Rs. 525

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe positive momentum, thus recommending this stock as the best stock to buy today. 

 

3. India Glycos (INDIAGLYCO)

India Glycos Stock Details for Today: 

- Current Market Price: Rs. 763

- Stop Loss: Rs. 744

- Target 1: Rs.781

- Target 2: Rs. 809

- Holding Period: 1 week

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

 

4. Nazara Technologies (NAZARA)

Nazara Technologies Stock Details for Today: 

- Current Market Price: Rs. 2,264

- Stop Loss: Rs. 2,200

- Target 1: Rs. 2,335

- Target 2: Rs. 2,450

- Holding Period: 1 week

5paisa Recommendation: Positive chart structure in stock is observed by our technical experts and thus making this stock as one of the best stocks to buy today.

 

5. Indo Count (ICIL)

Indo Count Stock Details for Today: 

- Current Market Price: Rs. 299

- Stop Loss: Rs. 291

- Target 1: Rs. 308

- Target 1: Rs. 321

- Holding Period: 1 week

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

 

Share Market Today

SGX NIFTY: 

SGX Nifty indicates positive opening for Indian markets. SGX Nifty is at 17,939.80 levels, higher 77.75 points. (Updated at 7:45 AM).

International Markets:

US Market:

US markets ended mixed as Dow Jones closed higher by 70 points while Nasdaq closed lower by 77 as bond yields rose to 4-month highs.

US 10-year yield hits 1.48% which prompts profit booking in technology stocks while banks see buying. The oil acts as a catalyst for higher yields as WTI hits 2-year highs with the inflation threat now a reality.

 

Asian Market:

Asian markets opened in the red led lower by the Japanese 'Nikkei' which was down 200 points in early trade.

Near-term profit booking could be the order for this week and beyond as markets react to higher crude, inflation, and equities at an all-time high.

Chinese stocks may be underperformers as money flows see institutional exit and entry into other Asian markets.

 

Disclaimer: The above report is compiled from information available on the public platforms.

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