Stocks to Buy Today: 5 Best Shares to Buy on 21-Mar-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 Today March 21

1. Gujarat Narmada (GNFC)

Gujarat Narmada Valley is involved in the business activities of Manufacture of urea and other organic fertilizers. Company’s Total Operating Revenue is Rs.5128.69 Cr. and Equity Capital is Rs.155.42 Cr. for the Year ended 31/03/2021. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is a Public Limited Listed company incorporated on 10/05/1976 and has its registered office in the State of Gujarat, India.

GNFC Share Price Details for Today: 

- Current Market Price: Rs.759

- Stop Loss: Rs.738

- Target 1: Rs.780

- Target 2: Rs.796

- 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.

2. Radico Khaitan (RADICO)

Radico Khaitan is involved in the business activities of Distilling, rectifying and blending of spirits; ethyl alcohol production from fermented materials. Company’s Total Operating Revenue is Rs.2418.14 Cr. and Equity Capital is Rs.26.71 Cr. for the Year ended 31/03/2021. Radico Khaitan Ltd. is a Public Limited Listed company incorporated on 21/07/1983 and has its registered office in the State of Uttar Pradesh, India.

RADICO Share Price Details for Today: 

- Current Market Price: Rs.963

- Stop Loss: Rs.938

- Target 1: Rs.989

- Target 2: Rs.1,015

- 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. Macrotech Developers (LODHA)

Macrotech Developers is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs.4299.69 Cr. and Equity Capital is Rs.395.88 Cr. for the Year ended 31/03/2021. Macrotech Developers Ltd. is a Public Limited Listed company incorporated on 25/09/1995 and has its registered office in the State of Maharashtra, India.

LODHA Share Price Details for Today: 

- Current Market Price: Rs.1,111

- Stop Loss: Rs.1,080

- Target 1: Rs.1,145

- Target 2: Rs.1,178

- 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.

4. TITAN (TITAN)

Titan Company is involved in the business activities of Manufacture of jewellery and related articles. Company’s Total Operating Revenue is Rs.20602.00 Cr. and Equity Capital is Rs.89.00 Cr. for the Year ended 31/03/2021. Titan Company Ltd. is a Public Limited Listed company incorporated on 26/07/1984 and has its registered office in the State of Tamil Nadu, India.

TITAN Share Price Details for Today: 

- Current Market Price: Rs.2,703

- Stop Loss: Rs.2,628

- Target 1: Rs.2,778

- Target 2: Rs.2,835

- Holding Period: 1 week

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

5. Adani Total (ATGL)

Adani Total Gas is involved in the business activities of Manufacture of gas. Company’s Total Operating Revenue is Rs.1695.60 Cr. and Equity Capital is Rs.109.98 Cr. for the Year ended 31/03/2021. Adani Total Gas Ltd. is a Public Limited Listed company incorporated on 05/08/2005 and has its registered office in the State of Gujarat, India.

ATGL Share Price Details for Today: 

- Current Market Price: Rs.1,767

- Stop Loss: Rs.1,719

- Target 1: Rs.1,815

- Target 2: Rs.1,874

- Holding Period: 1 week

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

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 17,375 levels, up 50 points. (Updated at 8:10 AM).

International Market

Asian Market:

Asian stocks were trading in the green territory. Japan's benchmark Nikkei 225 is up 0.65% to trade at 26,827. Hong Kong's Hang Seng is trading up 0.13% at 21441, while the Shanghai Composite trades up 0.50% at 3,267.31.

US Market:

US stocks closed higher as investors get comfortable with Fed's rate hike plan.The Dow Jones Industrial Average closed up 0.80% at 34,754.90; the S&P 500 closed up 1.17%, at 4463.09; and the Nasdaq Composite closed up 2.05% at 13893.80.