Stocks to Buy Today: December 21, 2021 ALEMBIC-MINDA-GUJRAT-FLUOROCHEM

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 21

1. TRIVENI TURBINE (TRITURBINE)

Triveni Turbine is involved in the business activities of Manufacture of general purpose machinery. Company’s Total Operating Revenue is Rs.696.93 Cr. and Equity Capital is Rs.32.33 Cr. for the Year ended 31/03/2021. Triveni Turbine Ltd. is a Public Limited Listed company incorporated on 27/06/1995 and has its registered office in the State of Uttar Pradesh, India.

TRITURBINE Share Price Details for Today: 

- Current Market Price: Rs. 182

- Stop Loss: Rs. 177

- Target 1: Rs. 188

- Target 2: Rs. 196

- 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.

2. ALEMBIC PHARMACEUTICALS (APLLTD)

Alembic Pharmaceutic is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs.5051.44 Cr. and Equity Capital is Rs.39.31 Cr. for the Year ended 31/03/2021. Alembic Pharmaceuticals Ltd. is a Public Limited Listed company incorporated on 16/06/2010 and has its registered office in the State of Gujarat, India.

APLLTD Share Price Details for Today: 

- Current Market Price: Rs. 764

- Stop Loss: Rs. 743

- Target 1: Rs. 785

- Target 2: Rs. 804

- 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.

3. MINDA INDUSTRIES (MINDAIND)

Minda Industries is involved in the business activities of Manufacture of parts and accessories for motor vehicles. Company’s Total Operating Revenue is Rs.3700.65 Cr. and Equity Capital is Rs.54.39 Cr. for the Year ended 31/03/2021. Minda Industries Ltd. is a Public Limited Listed company incorporated on 16/09/1992 and has its registered office in the State of Delhi, India.

MINDAIND Share Price Details for Today: 

- Current Market Price: Rs. 1,047

- Stop Loss: Rs. 1,015

- Target 1: Rs. 1,080

- Target 2: Rs. 1,125

- 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. GUJARAT FLUOROCHEMICALS (FLUOROCHEM)

Gujarat Fluorochem belongs to the Industry of Chemicals - Speciality - Others. Company’s Total Operating Revenue is Rs.2523.61 Cr. and Equity Capital is Rs.10.99 Cr. for the Year ended 31/03/2021. Gujarat Fluorochemicals Ltd. is a Public Limited Listed company incorporated on 06/12/2018 and has its registered office in the State of Gujarat, India.

FLUOROCHEM Share Price Details for Today: 

- Current Market Price: Rs. 2,141

- Stop Loss: Rs. 2,090

- Target 1: Rs. 2,195

- Target 2: Rs. 2,250

- 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.

5. ASAHI INDIA (ASAHIINDIA)

Asahi India Glass is involved in the business activities of Manufacture of glass in primary or semi-manufactured forms (such as sheets & plate glass) including mirror sheets and wired, coloured, tinted, toughened or laminated glass. Company’s Total Operating Revenue is Rs.2380.49 Cr. and Equity Capital is Rs.24.31 Cr. for the Year ended 31/03/2021. Asahi India Glass Ltd. is a Public Limited Listed company incorporated on 10/12/1984 and has its registered office in the State of Delhi, India.

ASAHIINDIA Share Price Details for Today: 

- Current Market Price: Rs.473

- Stop Loss: Rs.464

- Target 1: Rs.484

- Target 2: Rs.499

- 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 positive opening for the Indian markets. SGX Nifty is trading at 16,809.50 levels, up 64.75 points. (Updated at 8:03 AM).

International Markets:

Asian Market:

Asian stocks are trading higher. Japan's benchmark Nikkei 225 up 1.94% to trade at 28,479.88. Hong Kong's Hang Seng is trading up 0.62% at 22,884.95, while the Shanghai Composite trades up 0.51% at 3,611.88.

US Market:

US stocks closed lower on concerns about President Joe Biden’s economic agenda and the omicron coronavirus. The Dow Jones Industrial Average closed down 1.23% at 34,932.16; the S&P 500 closed down 1.14%, at 4,568.02; and the Nasdaq Composite closed down 1.24%, at 14,980.95.