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

1. Vedanta Ltd (VEDL)

Vedanta is involved in the business activities of Manufacture of aluminium from alumina and by other methods and products of aluminium and alloys. Company’s Total Operating Revenue is Rs.37440.00 Cr. and Equity Capital is Rs.372.00 Cr. for the Year ended 31/03/2021. Vedanta Ltd. is a Public Limited Listed company incorporated on 25/06/1965 and has its registered office in the State of Goa, India.

VEDL Share Price Details for Today: 

- Current Market Price: Rs.400

- Stop Loss: Rs.388

- Target 1: Rs.413

- Target 2: Rs.427

- 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. Tube Investments (TIINDIA)

Tube Investments is involved in the business activities of Casting of iron and steel. Company’s Total Operating Revenue is Rs.4255.75 Cr. and Equity Capital is Rs.19.28 Cr. for the Year ended 31/03/2021. Tube Investments of India Ltd. is a Public Limited Listed company incorporated on 06/10/2008 and has its registered office in the State of Tamil Nadu, India.

TIINDIA Share Price Details for Today: 

- Current Market Price: Rs.1,575

- Stop Loss: Rs.1,532

- Target 1: Rs.1,620

- Target 2: Rs.1,686

- 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. Suprajit Engineering (SUPRAJIT)

Suprajit Engineering belongs to the Industry of Auto Ancl - Equipment Others. Company’s Total Operating Revenue is Rs.1112.28 Cr. and Equity Capital is Rs.13.99 Cr. for the Year ended 31/03/2021. Suprajit Engineering Ltd. is a Public Limited Listed company incorporated on 24/05/1985 and has its registered office in the State of Karnataka, India.

SUPRAJIT Share Price Details for Today: 

- Current Market Price: Rs.329

- Stop Loss: Rs.321

- Target 1: Rs.337

- Target 2: Rs.346

- 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. Delta Corp (DELTACORP)

Delta Corp Ltd. is involved in the business activities of Gambling and betting activities. Company’s Total Operating Revenue is Rs.201.81 Cr. and Equity Capital is Rs.26.68 Cr. for the Year ended 31/03/2021. Delta Corp Ltd. is a Public Limited Listed company incorporated on 05/11/1990 and has its registered office in the State of Maharashtra, India.

DELTACORP Share Price Details for Today: 

- Current Market Price: Rs.313

- Stop Loss: Rs.304

- Target 1: Rs.322

- Target 2: Rs.334

- 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. 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 Details for Today: 

- Current Market Price: Rs.516

- Stop Loss: Rs.501

- Target 1: Rs.532

- Target 2: Rs.551

- 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 flat opening for the Indian markets. SGX Nifty is trading at 17,168.80 levels, up 1 point. (Updated at 8:10 AM).

International Market

Asian Market:

Asian stocks were trading mixed. Japan's benchmark Nikkei 225 is up 1.63% to trade at 27,265. Hong Kong's Hang Seng is trading up 0.88% at 21409, while the Shanghai Composite trades down 0.12% at 3,249.85.

US Market:

US stocks closed lower as Oil prices and Treasury yield jumped. The Dow Jones Industrial Average closed down 0.58% at 34,553.90; the S&P 500 closed down 0.04%, at 4461.18; and the Nasdaq Composite closed down 0.40% at 13838.50.