Stocks to Buy Today: 5 Best Shares to Buy on 10-Jun-22

stocks to buy today on 10 June 2022

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-02T16:29:29+05:30

Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

CAMS

BUY

2566

2489

2680

2750

ELGIEQUIP

BUY

416

399

440

460

BPCL

BUY

334

325

348

360

SUNTV

BUY

440

424

464

480

SBILIFE

BUY

1163

1125

1220

1250

 

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 Jun 10, 2022

1. Computer Age Management Services (CAMS)

Computer Age Management is involved in the business activities of other financial activities. Company’s Total Operating Revenue is Rs.863.77 Cr. and Equity Capital is Rs.48.90 Cr. for the Year ended 31/03/2022. Computer Age Management Services Ltd. is a Public Limited Listed company incorporated on 25/05/1988 and has its registered office in the State of Tamil Nadu, India.

Computer Age Management Services Share Price Target for Today

- Current Market Price: Rs.2,566

- Stop Loss: Rs.2,489

- Target 1: Rs.2,680

- Target 2: Rs.2,750

- Holding Period: 1 week

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

2. Elgi Equipments (ELGIEQUIP)

Elgi Equipments is involved in the business activities of manufacture of other pumps, compressors, taps and valves. Company’s Total Operating Revenue is Rs.1100.17 Cr. and Equity Capital is Rs.31.69 Cr. for the Year ended 31/03/2021. Elgi Equipments Ltd. is a Public Limited Listed company incorporated on 14/03/1960 and has its registered office in the State of Tamil Nadu, India.

Elgi Equipments Share Price Target for Today:

- Current Market Price: Rs.416

- Stop Loss: Rs.399

- Target 1: Rs.440

- Target 2: Rs.460

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects on near to 52 weeks high in Elgi Equipments and hence making this stock as the best stock to buy today.
 

Start Investing in 5 mins*

Get Benefits worth 5100* | Rs.20 Flat Per Order | 0% Brokerage

 


3. Bharat Petroleum Corporation Ltd (BPCL)

Bharat Petroleum is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. Company’s Total Operating Revenue is Rs.232545.12 Cr. and Equity Capital is Rs.2092.91 Cr. for the Year ended 31/03/2021. Bharat Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 03/11/1952 and has its registered office in the State of Maharashtra, India.

Bharat Petroleum Corporation Ltd Share Price Target for Today:

- Current Market Price: Rs.334

- Stop Loss: Rs.325

- Target 1: Rs.348

- Target 2: Rs.360

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see higher volume in this stock hence making BPCL, the best stock to buy.

4. Sun TV Network (SUNTV)

Sun Tv Network Ltd. is involved in the business activities of Radio broadcasting. Company’s Total Operating Revenue is Rs.3116.59 Cr. and Equity Capital is Rs.197.04 Cr. for the Year ended 31/03/2021. Sun TV Network Ltd. is a Public Limited Listed company incorporated on 18/12/1985 and has its registered office in the State of Tamil Nadu, India.

Sun TV Network Share Price Target for Today:

- Current Market Price: Rs.440

- Stop Loss: Rs.424

- Target 1: Rs.464

- Target 2: Rs.480

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see on verge of breakout in this stock hence making Sun TV Networks, the best stock to buy. 

5. SBI Life Insurance Company (SBILIFE)

SBI Life Insurance is involved in the business activities of Life insurance. Company’s Total Operating Revenue is Rs.81912.78 Cr. and Equity Capital is Rs.1000.07 Cr. for the Year ended 31/03/2021. SBI Life Insurance Company Ltd. is a Public Limited Listed company incorporated on 11/10/2000 and has its registered office in the State of Maharashtra, India.

SBI Life Insurance Company Share Price Target for Today

- Current Market Price: Rs.1,163

- Stop Loss: Rs.1,125

- Target 1: Rs.1,220

- Target 2: Rs.1,250

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see SBI Life Insurance has moved above 200 SMA in this stock hence making this stock best stock to buy.


Share Market Today
 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

16,273.00

-1.42%

Nikkei 225 (8:00 AM)

27,848.79

-1.41%

Shanghai Composite (8:00 AM)

3,244.55

+0.17%

Hang Seng (8:00 AM)

21,709.37

-0.73%

Dow Jones (last close)

32,272.79

-1.94%

S&P 500 (last close)

4,017.82

-2.38%

Nasdaq (last close)

11,754.23

-2.75%

 

SGX Nifty indicates a gap-down opening for the Indian markets. Most Asian stocks were lower. US stocks closed lower as rate pressure grow, inflation report looms.

Start Investing in 5 mins*

Get Benefits worth 2100* | Rs. 20 Flat Per Order | 0% Brokerage

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.

Open Free Demat Account

& get benefits worth 2100*

Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number