Stocks to Buy Today: December 17, 2021 KPRMILL-BCL-SBCL-SRF

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 December 17

1. KPR MILL (KPRMILL)

KPR Mill Ltd. belongs to the Industry of Textiles - Spinning - Cotton Blended. Company’s Total Operating Revenue is Rs. 2953.64 Cr. and Equity Capital is Rs. 34.41 Cr. for the Year ended 31/03/2021. KPR Mill Ltd. is a Public Limited Listed company incorporated on 19/03/2003 and has its registered office in the State of Tamil Nadu, India.

KPRMILL Share Price Details for Today: 

- Current Market Price: Rs. 604

- Stop Loss: Rs. 588

- Target 1: Rs. 620

- Target 2: Rs. 636

- Holding Period: 1 week

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

2. 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 Details for Today: 

- Current Market Price: Rs. 4,504

- Stop Loss: Rs. 4,380

- Target 1: Rs. 4,640

- Target 2: Rs. 4,750

- 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. BCL Industries (BCLIND)

BCL Industries belongs to the Industry of Edible Oils & Solvent Extraction. Company’s Total Operating Revenue is Rs. 1427.23 Cr. and Equity Capital is Rs. 24.15 Cr. for the Year ended 31/03/2021. BCL Industries Ltd. is a Public Limited Listed company incorporated on 03/02/1976 and has its registered office in the State of Punjab, India.

BCLIND Share Price Details for Today: 

- Current Market Price: Rs. 345

- Stop Loss: Rs. 337

- Target 1: Rs. 354

- Target 2: Rs. 337

- 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. Shivalik Bimetal (SBCL)

Shivalik Bimetal is involved in the business activities of Manufacturing of chrome, manganese and nickel products alloys. Company’s Total Operating Revenue is Rs. 203.72 Cr. and Equity Capital is Rs. 7.68 Cr. for the Year ended 31/03/2021. Shivalik Bimetal Controls Ltd. is a Public Limited Listed company incorporated on 18/06/1984 and has its registered office in the State of Himachal Pradesh, India.

SBCL Share Price Details for Today: 

- Current Market Price: Rs. 423

- Stop Loss: Rs. 411

- Target 1: Rs. 435

- Target 2: Rs. 453

- 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.

5. 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. 6988.32 Cr. and Equity Capital is Rs. 60.26 Cr. for the Year ended 31/03/2021. 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 Share Price Details for Today: 

- Current Market Price: Rs. 2,216

- Stop Loss: Rs. 2,155

- Target 1: Rs. 2,280

- Target 2: Rs. 2,365

- 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.

Share Market Today

SGX Nifty:

SGX Nifty indicates a flat opening for the Indian markets. SGX Nifty is trading at 17,279.20 levels, up 6.25 points. (Updated at 8:30 AM).

International Markets:

Asian Market:

Asian stocks sank following a drop in the US market, which was led by the technology sector, as the Federal Reserve tightened its monetary policies to combat inflation, which shook investor confidence. Japan's benchmark Nikkei 225 down 0.92% to trade at 28,799.60. Hong Kong's Hang Seng is trading down 0.81% at 23,285.34, while the Shanghai Composite trades down 0.83% at 3,644.51.

US Market:

US stocks fell on the Fed's announcement of a speedier end to its pandemic-era stimulus. The Dow Jones Industrial Average closed down 0.08% at 35,897.64; the S&P 500 closed down 0.87%, at 4,668.67; and the Nasdaq Composite closed down 2.47%, at 15,180.43.