Stocks to Buy or Sell Today: 20-Jun-22

stocks to buy or sell on 20th june 2022

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:09 pm 24.9k Views

 5 Best Shares to Trade on 20-Jun-22

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

COLPAL

SELL

1481

1508

1454

1430

MUTHOOTFIN

SELL

1008

1038

978

945

TRENT

SELL

1050

1068

1032

1015

WABAG

BUY

238

229

247

258

TCS

BUY

3090

2970

3210

3330

 
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 or Sell on Jun 20, 2022
 

1. Colgate-Palmolive (India) (COLPAL)

Colgate Palmolive belongs to the Industry of personal care. Company’s Total Operating Revenue is Rs.4841.22 Cr. and Equity Capital is Rs.27.20 Cr. for the Year ended 31/03/2021. Colgate-Palmolive (India) Ltd. is a Public Limited Listed company incorporated on 23/09/1937 and has its registered office in the State of Maharashtra, India.

Colgate-Palmolive Share Price Target for Today: 

- Action: Sell

- Current Market Price: Rs.1,481

- Stop Loss: Rs.1,508

- Target 1: Rs.1,454

- Target 2: Rs.1,430

- Holding Period: 1 week

5paisa Recommendation: 5paisa Recommendation: Our technical experts see near to support in this stock hence making Colgate-Palmolive (India), the best stock to buy.

2. Muthoot Finance Ltd (MUTHOOTFIN)

Muthoot Finance is involved in the business activities of other credit granting. Company’s Total Operating Revenue is Rs.10557.21 Cr. and Equity Capital is Rs.401.20 Cr. for the Year ended 31/03/2021. Muthoot Finance Ltd. is a Public Limited Listed company incorporated on 14/03/1997 and has its registered office in the State of Kerala, India.

Muthoot Finance Share Price Target for Today:

- Action: Sell

- Current Market Price: Rs.1,008

- Stop Loss: Rs.1,038

- Target 1: Rs.978

- Target 2: Rs.945

- Holding Period: 1 week

5paisa Recommendation: Downward Trend in Muthoot Finance Ltd and thus making this stock as one of the best stocks to buy today.

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3. Trent Ltd Share Price (TRENT)

Trent Ltd. is involved in the business activities of retail sale of readymade garments, hosiery goods, other articles of clothing and clothing accessories such as gloves, ties, braces etc.. Company’s Total Operating Revenue is Rs.3880.73 Cr. and Equity Capital is Rs.35.55 Cr. for the Year ended 31/03/2022. Trent Ltd. is a Public Limited Listed company incorporated on 05/12/1952 and has its registered office in the State of Maharashtra, India.

Trent Share Price Target for Today:

- Action: Sell

- Current Market Price: Rs.1,050

- Stop Loss: Rs.1,068

- Target 1: Rs.1,032

- Target 2: Rs.1,015

- Holding Period: 1 week

Our technical experts see support breakout in Trent Ltd Share Price and thus making this stock as one of the best stocks to buy today.

4. Va Tech Wabag (WABAG)

Va Tech Wabag is involved in the business activities of Sewerage. Company’s Total Operating Revenue is Rs.1843.13 Cr. and Equity Capital is Rs.12.44 Cr. for the Year ended 31/03/2021. Va Tech Wabag Ltd. is a Public Limited Listed company incorporated on 17/02/1995 and has its registered office in the State of Tamil Nadu, India.

Va Tech Wabag Share Price Target for Today:

- Action: Buy

- Current Market Price: Rs.238

- Stop Loss: Rs.229

- Target 1: Rs.247

- Target 2: Rs.258

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see volume support in Va Tech Wabag and thus making this stock as one of the best stocks to buy today. 

5. Tata Consultancy Services (TCS)

Tata Consultancy Services Ltd is involved in the business activities of computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.160341.00 Cr. and Equity Capital is Rs.366.00 Cr. for the Year ended 31/03/2022. Tata Consultancy Services Ltd. is a Public Limited Listed company incorporated on 19/01/1995 and has its registered office in the State of Maharashtra, India.

Tata Consultancy Share Price Target for Today: 

- Action: Buy

- Current Market Price: Rs.3,090

- Stop Loss: Rs.2,970

- Target 1: Rs.3,210

- Target 2: Rs.3,330

- Holding Period: 1 week

5paisa Recommendation: 5paisa Recommendation: Our technical experts expects pullback in Tata Consultancy Services and hence making this stock as the best stock to buy today.


Share Market Today
 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

15,281.00

-0.23%

Nikkei 225 (8:00 AM)

25,534.68

-1.65%

Shanghai Composite (8:00 AM)

3,312.51

-0.13%

Hang Seng (8:00 AM)

21,036.42

-0.18%

Dow Jones (last close)

29,888.78

-0.13%

S&P 500 (last close)

3,674.84

+0.22%

Nasdaq (last close)

10,798.35

+1.43%


SGX Nifty indicates a negative opening for the Indian markets. Asian stocks fell as tightening monetary policy kept sentiment in check. US stocks closed mixed on Friday.

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About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

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.
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