Stocks to Buy Today: 5 Best Shares to Buy on 30-May-22

stocks to buy on 30-may-22

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-08T19:00:57+05:30

Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

JUBLINGREA

BUY

469

456

482

493

POWERINDIA

BUY

3253

3170

3340

3422

SRF

BUY

2362

2298

2427

2495

UFLEX

BUY

596

580

612

629

POONAWALLA

BUY

245

238

252

259


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 May 30, 2022

1. Jubilant Ingrevia (JUBLINGREA)

Jubilant Ingrevia is involved in the business activities of manufacture of basic chemicals. Company’s Total Operating Revenue is Rs.668.93 Cr. and Equity Capital is Rs.15.93 Cr. for the Year ended 31/03/2021. Jubilant Ingrevia Ltd. is a Public Limited Listed company incorporated on 23/10/2019 and has its registered office in the State of Uttar Pradesh, India.


Jubilant Ingrevia Share Price Target for Today

- Current Market Price: Rs.469

- Stop Loss: Rs.456

- Target 1: Rs.482

- Target 2: Rs.493

- 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.

2. Hitachi Energy (POWERINDIA)

Hitachi Energy India is involved in the business activities of manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs.3420.44 Cr. and Equity Capital is Rs.8.48 Cr. for the Year ended 31/12/2020. Hitachi Energy India Ltd. is a Public Limited Listed company incorporated on 19/02/2019 and has its registered office in the State of Karnataka, India.

Hitachi Energy Share Price Target for Today

- Current Market Price: Rs.3,253

- Stop Loss: Rs.3,170

- Target 1: Rs.3,340

- Target 2: Rs.3,422

- Holding Period: 1 week

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

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3. SRF LTD (SRF)

SRF Ltd. is involved in the business activities of Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs.9953.44 Cr. and Equity Capital is Rs.297.44 Cr. for the Year ended 31/03/2022. SRF Ltd. is a Public Limited Listed company incorporated on 09/01/1970 and has its registered office in the State of Delhi, India.


SRF LTD Share Price Target for Today

- Current Market Price: Rs.2,362

- Stop Loss: Rs.2,298

- Target 1: Rs.2,247

- Target 2: Rs.2,495

- 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.

4. UFLEX LTD (UFLEX)

UFLEX Ltd. is involved in the business activities of Manufacture of other plastics products. Company’s Total Operating Revenue is Rs.4635.07 Cr. and Equity Capital is Rs.72.21 Cr. for the Year ended 31/03/2021. UFLEX Ltd. is a Public Limited Listed company incorporated on 21/06/1988 and has its registered office in the State of Delhi, India.


UFLEX LTD Share Price Target for Today

- Current Market Price: Rs.596

- Stop Loss: Rs.580

- Target 1: Rs.612

- Target 2: Rs.629

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

5. Poonawalla Fincorp (POONAWALLA)

Poonawalla Fincorp is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs.1848.73 Cr. and Equity Capital is Rs.53.92 Cr. for the Year ended 31/03/2021. Poonawalla Fincorp Ltd. is a Public Limited Listed company incorporated on 18/12/1978 and has its registered office in the State of West Bengal, India.


Poonawalla Fincorp Share Price Target for Today

- Current Market Price: Rs.245

- Stop Loss: Rs.238

- Target 1: Rs.252

- Target 2: Rs.259

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects recovery on cards and recommends adding this stock in to your list of best stocks to buy today.
 

Share Market Today

 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

16,467.00

+0.80%

Nikkei 225 (8:00 AM)

27,267.78

+1.82%

Shanghai Composite (8:00 AM)

3,135.56

+0.17%

Hang Seng (8:00 AM)

20,927.10

+1.11%

Dow Jones (last close)

33,212.96

+1.76%

S&P 500 (last close)

4,158.24

+2.47%

Nasdaq (last close)

12,131.13

+3.33%

 

SGX Nifty indicates a positive opening for the Indian markets. Asian stocks are trading higher. US stocks ended on a positive note as solid outlooks from retailers bolstered confidence in the economy despite supply-chain snags and inflationary pressures.

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About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

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