Stocks to Buy Today: 5 Best Shares to Buy on 05-Apr-22

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 on April 05, 2022

1. Gujarat Mineral (GMDCLTD)

Gujarat Mineral Development belongs to the Industry of Mining/Minerals. Company’s Total Operating Revenue is Rs.1339.24 Cr. and Equity Capital is Rs.63.60 Cr. for the Year ended 31/03/2021. Gujarat Mineral Development Corporation Ltd. is a Public Limited Listed company incorporated on 15/05/1963 and has its registered office in the State of Gujarat, India.

GMDCLTD Share Price Details for Today: 

- Current Market Price: Rs.200

- Stop Loss: Rs.194

- Target 1: Rs.206

- Target 2: Rs.214

- Holding Period: 1 week

5paisa Recommendation: Our technical experts observed positive chart for this stock and hence making this stock best stock to buy.
 

2. Gujarat Fluorochemicals (FLUOROCHEM)

Gujarat Fluorochemicals belongs to the Industry of Chemicals - Speciality - Others. Company’s Total Operating Revenue is Rs.2523.61 Cr. and Equity Capital is Rs.10.99 Cr. for the Year ended 31/03/2021. Gujarat Fluorochemicals Ltd. is a Public Limited Listed company incorporated on 06/12/2018 and has its registered office in the State of Gujarat, India.

FLUOROCHEM Share Price Details for Today: 

- Current Market Price: Rs.2,904

- Stop Loss: Rs.2,834

- Target 1: Rs.2,975

- Target 2: Rs.3,060

- Holding Period: 1 week

5paisa Recommendation: Sideways move to end in stock and thus making this stock as one of the best stocks to buy today.

3. Adani Green (ADANIGREEN)

Adani Green Energy is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs.2473.00 Cr. and Equity Capital is Rs.1564.00 Cr. for the Year ended 31/03/2021. Adani Green Energy Ltd. is a Public Limited Listed company incorporated on 23/01/2015 and has its registered office in the State of Gujarat, India.

ADANIGREEN Share Price Details for Today: 

- Current Market Price: Rs.2,110

- Stop Loss: Rs.2,050

- Target 1: Rs.2,171

- Target 2: Rs.2,230

- 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. Easy Trip (EASEMYTRIP)

Easy Trip Planners belongs to the Industry of Travel Agen. / Tourism Deve. / Amusement Park. Company’s Total Operating Revenue is Rs.106.69 Cr. and Equity Capital is Rs.21.73 Cr. for the Year ended 31/03/2021. Easy Trip Planners Ltd. is a Public Limited Listed company incorporated on 04/06/2008 and has its registered office in the State of Delhi, India.

EASEMYTRIP Share Price Details for Today: 

- Current Market Price: Rs.379

- Stop Loss: Rs.371

- Target 1: Rs.387

- Target 2: Rs.396

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying opportunity in this stock and hence making this stock as the best stock to buy today.
 

5. LALPATHLAB (LALPATHLAB)

Dr. Lal Pathlabs Ltd is involved in the business activities of Other human health activities. Company’s Total Operating Revenue is Rs.1490.56 Cr. and Equity Capital is Rs.83.35 Cr. for the Year ended 31/03/2021. Dr. Lal Pathlabs Ltd. is a Public Limited Listed company incorporated on 14/02/1995 and has its registered office in the State of Delhi, India.

LALPATHLAB Share Price Details for Today: 

- Current Market Price: Rs.2,732

- Stop Loss: Rs.2,665

- Target 1: Rs.2,800

- Target 2: Rs.2,865

- Holding Period: 1 week

5paisa Recommendation: Sideways move to end in stock and thus making this stock as one of the best stocks to buy today.

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 18,187 levels, up 90 points. (Updated at 8:30 AM).

International Market

Asian Market:

Asian stocks were mixed. Japan's benchmark Nikkei 225 is down 0.10% to trade at 27,708.30. Hong Kong's Hang Seng is trading up 2.10% at 22,502.31.

US Market:

US stocks closed higher as inflation worries ebbed and oil prices slid. The Dow Jones Industrial Average closed up 0.30% at 34,921.88; the S&P 500 closed up 0.81%, at 4,582.64; and the Nasdaq Composite closed up 1.90% at 14,532.55.

Also read: Low price stocks: These scrips are locked in the upper circuit on April 5