Stocks to Buy Today: 5 Best Shares to Buy on 18-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 18, 2022

1. JBM AUTO (JBMA)

JBM Auto is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs.1965.59 Cr. and Equity Capital is Rs.23.65 Cr. for the Year ended 31/03/2021. JBM Auto Ltd. is a Public Limited Listed company incorporated on 05/11/1996 and has its registered office in the State of Delhi, India.

JBMA Share Price Target for Today: 

- Current Market Price: Rs.551

- Stop Loss: Rs.536

- Target 1: Rs.566

- Target 2: Rs.580

- Holding Period: 1 week

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

2. NIIT LTD (NIITLTD)

NIIT Ltd. is involved in the business activities of Other education. Company’s Total Operating Revenue is Rs.368.09 Cr. and Equity Capital is Rs.28.47 Cr. for the Year ended 31/03/2021. NIIT Ltd. is a Public Limited Listed company incorporated on 02/12/1981 and has its registered office in the State of Delhi, India.

NIITLTD Share Price Target for Today: 

- Current Market Price: Rs.654

- Stop Loss: Rs.636

- Target 1: Rs.672

- Target 2: Rs.691

- 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.

3. JK PAPER (JKPAPER)

Astral Ltd is involved in the business activities of Manufacture of plastics products. Company’s Total Operating Revenue is Rs.2486.30 Cr. and Equity Capital is Rs.20.10 Cr. for the Year ended 31/03/2021. Astral Ltd. is a Public Limited Listed company incorporated on 25/03/1996 and has its registered office in the State of Gujarat, India.

JK PAPER Share Price Target for Today: 

- Current Market Price: Rs.2,129

- Stop Loss: Rs.2,076

- Target 1: Rs.2,185

- Target 2: Rs.2,245

- Holding Period: 1 week

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

4. L&T Infotech (LTI)

L&T Infotech is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.11562.60 Cr. and Equity Capital is Rs.17.50 Cr. for the Year ended 31/03/2021. Larsen & Toubro Infotech Ltd. is a Public Limited Listed company incorporated on 23/12/1996 and has its registered office in the State of Maharashtra, India.

LTI Share Price Target for Today: 

- Current Market Price: Rs.6,039

- Stop Loss: Rs.5,876

- Target 1: Rs.6,205

- Target 2: Rs.6,375

- 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.

5. Havells India (HAVELLS)

Havells India is involved in the business activities of Manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs.10427.92 Cr. and Equity Capital is Rs.62.60 Cr. for the Year ended 31/03/2021. Havells India Ltd. is a Public Limited Listed company incorporated on 08/08/1983 and has its registered office in the State of Delhi, India.

HAVELLS Share Price Target for Today: 

- Current Market Price: Rs.1,274

- Stop Loss: Rs.1,238

- Target 1: Rs.1,310

- Target 2: Rs.1,342

- Holding Period: 1 week

5paisa Recommendation: Recovery on cards in this stock is expected and thus making this stock as one of the best stocks to buy today.

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