Stocks to Buy Today: February 02 2022 - Fluorochem, Graphite, Trent

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 February 02

1. AAVAS FINANCIERS (AAVAS)

Aavas Financiers is involved in the business activities of Financial Leasing. Company’s Total Operating Revenue is Rs.1103.17 Cr. and Equity Capital is Rs.78.50 Cr. for the Year ended 31/03/2021. Aavas Financiers Ltd. is a Public Limited Listed company incorporated on 23/02/2011 and has its registered office in the State of Rajasthan, India.

AAVAS Share Price Details for Today: 

- Current Market Price: Rs.548

- Stop Loss: Rs.534

- Target 1: Rs.563

- Target 2: Rs.585

- 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. ECLERX SERVICES (ECLERX)

Eclerx Services is involved in the business activities of Data processing, hosting and related activities. Company’s Total Operating Revenue is Rs.1197.40 Cr. and Equity Capital is Rs.34.89 Cr. for the Year ended 31/03/2021. eClerx Services Ltd. is a Public Limited Listed company incorporated on 24/03/2000 and has its registered office in the State of Maharashtra, India.

ECLERX Share Price Details for Today: 

- Current Market Price: Rs.2,450

- Stop Loss: Rs.2,385

- Target 1: Rs.2,520

- Target 2: Rs.2,585

- Holding Period: 1 week

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

3. GUJARAT FLUOROCHEMICALS (FLUOROCHEM)

Gujarat Fluorochemicals 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.2,966

- Stop Loss: Rs.2,885

- Target 1: Rs.3,050

- Target 2: Rs.3,128

- 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. GRAPHITE INDIA (GRAPHITE)

Graphite India Ltd. belongs to the Industry of Electrodes - Graphite. Company’s Total Operating Revenue is Rs.1838.64 Cr. and Equity Capital is Rs. 39.08 Cr. for the Year ended 31/03/2021. Graphite India Ltd. is a Public Limited Listed company incorporated on 02/05/1974 and has its registered office in the State of West Bengal, India.

GRAPHITE Share Price Details for Today: 

- Current Market Price: Rs.529

- Stop Loss: Rs.515

- Target 1: Rs.543

- Target 2: Rs.556

- 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. TRENT LTD (TRENT)

Trent Ltd. is involved in the business activities of Retail sale of readymade garments, hosiery goods, other articles of clothing and clothing accessories such as gloves, ties, braces etc. Company’s Total Operating Revenue is Rs.2047.53 Cr. and Equity Capital is Rs.35.55 Cr. for the Year ended 31/03/2021. Trent Ltd. is a Public Limited Listed company incorporated on 05/12/1952 and has its registered office in the State of Maharashtra, India.

TRENT Share Price Details for Today: 

- Current Market Price: Rs.1,060

- Stop Loss: Rs.1,030

- Target 1: Rs.1,092

- Target 2: Rs.1,135

- Holding Period: 1 week

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

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 17,717.50 levels, up 120 points. (Updated at 8:15 AM). 

International Market

Asian Market:

Asian stocks rose amid a recovery in US markets. Japan's benchmark Nikkei 225 is up 1.36% to trade at 27,447.12.

US Market:

US stocks closed higher on Tuesday. The Dow Jones Industrial Average closed up 0.78% at 35,405.24; the S&P 500 closed up 0.69%, at 4,546.54; and the Nasdaq Composite closed up 0.75%, at 14,346.