Stocks to Buy Today: 5 Best Shares to Buy on 28-Apr-22

stocks to buy today

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-08T18:59:45+05:30

Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

TATASTEEL

BUY

1247

1215

1279

1310

CHENNPETRO

BUY

239

233

245

252

IIFL

BUY

388

379

397

411

PERSISTENT

BUY

4077

3965

4190

4300

ELGIEQUIP

BUY

346

338

354

363


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 28, 2022


1. Tata Steel (TATASTEEL)

Tata Steel is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs.64869.00 Cr. and Equity Capital is Rs.1198.78 Cr. for the Year ended 31/03/2021. Tata Steel Ltd. is a Public Limited Listed company incorporated on 26/08/1907 and has its registered office in the State of Maharashtra, India.


TATASTEEL Share Price Target for Today

- Current Market Price: Rs.1,247

- Stop Loss: Rs.1,215

- Target 1: Rs.1,279

- Target 2: Rs.1,310

- Holding Period: 1 week

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

2. Chennai Petroleum (CHENNPETRO)

Chennai Petroleum belongs to the Industry of Refineries. Company’s Total Operating Revenue is Rs.22444.76 Cr. and Equity Capital is Rs.148.91 Cr. for the Year ended 31/03/2021. Chennai Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 30/12/1965 and has its registered office in the State of Tamil Nadu, India.


CHENNPETRO Share Price Target for Today

- Current Market Price: Rs.239

- Stop Loss: Rs.233

- Target 1: Rs.245

- Target 2: Rs.252

- 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.

 

banner


3. IIFL Finance (IIFL)

IIFL Finance is involved in the business activities of Other credit granting. Company’s Total Operating Revenue is Rs.3397.27 Cr. and Equity Capital is Rs.75.77 Cr. for the Year ended 31/03/2021. IIFL Finance Ltd. is a Public Limited Listed company incorporated on 18/10/1995 and has its registered office in the State of Maharashtra, India.


IIFL Share Price Target for Today

- Current Market Price: Rs.388

- Stop Loss: Rs.379

- Target 1: Rs.397

- Target 2: Rs.411

- 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. Persistent Systems (PERSISTENT)

Persistent Systems is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.2479.61 Cr. and Equity Capital is Rs.76.43 Cr. for the Year ended 31/03/2021. Persistent Systems Ltd. is a Public Limited Listed company incorporated on 30/05/1990 and has its registered office in the State of Maharashtra, India.


PERSISTENT Share Price Target for Today

- Current Market Price: Rs.4,077

- Stop Loss: Rs.3,965

- Target 1: Rs.4,190

- Target 2: Rs.4,300

- 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. 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.

ELGIEQUIP Share Price Target for Today

- Current Market Price: Rs.346

- Stop Loss: Rs.338

- Target 1: Rs.354

- Target 2: Rs.363

- 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.


Share Market Today
 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

17,065

+0.09%

Nikkei 225 (8:00 AM)

26,557.66

+0.65%

Shanghai Composite (8:00 AM)

2,974.44

+0.55%

Hang Seng (8:00 AM)

20,067.42

+0.61%

Dow Jones (last close)

33,301.93

+0.19%

S&P 500 (last close)

4,183.96

+0.21%

Nasdaq (last close)

12,488.93

-0.01%


SGX Nifty indicates a flat-to-positive opening for the Indian markets. Asian stocks are trading positively. Most US stocks closed higher as stocks attempted to rebound from a technology-led sell-off in April.

Also read: Chart Busters: Top trading set-ups to watch for Thursday

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.

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