Stocks to Buy Today: December 20, 2021 SIEMENS-BAJAJELEC-GRINDWELL

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 20

1. GRINDWELL NORTON (GRINDWELL)

Grindwell Norton is involved in the business activities of Manufacture of other non-metallic mineral products. Company’s Total Operating Revenue is Rs.1632.90 Cr. and Equity Capital is Rs.55.36 Cr. for the Year ended 31/03/2021. Grindwell Norton Ltd. is a Public Limited Listed company incorporated on 31/07/1950 and has its registered office in the State of Maharashtra, India.

GRINDWELL Share Price Details for Today: 

- Current Market Price: Rs. 1,896

- Stop Loss: Rs. 1,845

- Target 1: Rs. 1,950

- Target 2: Rs. 2,035

- Holding Period: 1 week

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

2. SIEMENS LTD (SIEMENS)

Siemens Ltd. 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.12963.10 Cr. and Equity Capital is Rs. 71.20 Cr. for the Year ended 30/09/2021. Siemens Ltd. is a Public Limited Listed company incorporated on 02/03/1957 and has its registered office in the State of Maharashtra, India.

SIEMENS Share Price Details for Today: 

- Current Market Price: Rs. 2,421

- Stop Loss: Rs. 2,360

- Target 1: Rs. 2,485

- Target 2: Rs. 2,565

- 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.

3. BAYER CROPSCIENCE (BAYERCROP)

Bayer Cropscience is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides. Company’s Total Operating Revenue is Rs.4261.30 Cr. and Equity Capital is Rs.44.90 Cr. for the Year ended 31/03/2021. Bayer Cropscience Ltd. is a Public Limited Listed company incorporated on 09/09/1958 and has its registered office in the State of Maharashtra, India.

BAYERCROP Share Price Details for Today: 

- Current Market Price: Rs. 4,826

- Stop Loss: Rs. 4,700

- Target 1: Rs. 4,955

- Target 2: Rs. 5,100

- 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. KAJARIA CERAMICS (KAJARIACER)

Kajaria Ceramics is involved in the business activities of Manufacture of refractory ceramic products. Company’s Total Operating Revenue is Rs.2523.18 Cr. and Equity Capital is Rs.15.91 Cr. for the Year ended 31/03/2021. Kajaria Ceramics Ltd. is a Public Limited Listed company incorporated on 20/12/1985 and has its registered office in the State of Uttar Pradesh, India.

KAJARIACER Share Price Details for Today: 

- Current Market Price: Rs. 1,239

- Stop Loss: Rs. 1,205

- Target 1: Rs. 1,272

- Target 2: Rs. 1,315

- 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. BAJAJ ELECTRICALS (BAJAJELEC)

Bajaj Electricals 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. 4573.06 Cr. and Equity Capital is Rs. 22.91 Cr. for the Year ended 31/03/2021. Bajaj Electricals Ltd. is a Public Limited Listed company incorporated on 14/07/1938 and has its registered office in the State of Maharashtra, India.

BAJAJELEC Share Price Details for Today: 

- Current Market Price: Rs. 1,312

- Stop Loss: Rs. 1,275

- Target 1: Rs. 1,350

- Target 1: Rs. 1,420

- Holding Period: 1 week

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

Share Market Today

SGX Nifty:

SGX Nifty indicates a negative opening for the Indian markets. SGX Nifty is trading at 16,887.20 levels, down 128.80 points. (Updated at 8:23 AM).

International Markets:

Asian Market:

Asian stocks fell as the increasing number of Omicron cases triggered tighter restrictions in Europe and threatened to drag the global economy into the new year. Japan's benchmark Nikkei 225 down 1.72% to trade at 28,055.28. Hong Kong's Hang Seng is trading down 0.84% at 22,997.82, while the Shanghai Composite trades down 0.56% at 3,612.20.

US Market:

US stocks fell as the major technology-related stocks plummeted in response to the Federal Reserve's decision to accelerate the end of its post-pandemic stimulus program. The Dow Jones Industrial Average closed down 1.48% at 35,365.44; the S&P 500 closed down 1.03%, at 4,620.64; and the Nasdaq Composite closed down 0.07%, at 15,169.68.