Stocks to Buy Today: February 22 2022 - ICICI Bank, Wipro, Linde India

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 22

1. Linde India (LINDEINDIA)

Linde India is involved in the business activities of Manufacture of liquefied or compressed inorganic industrial or medical gases (elemental gases, liquid or compressed air, refrigerant gases, mixed industrial gases etc.). Company’s Total Operating Revenue is Rs.1471.12 Cr. and Equity Capital is Rs.85.28 Cr. for the Year ended 31/12/2020. Linde India Ltd. is a Public Limited Listed company incorporated on 24/01/1935 and has its registered office in the State of West Bengal, India.

LINDEINDIA Share Price Details for Today: 

- Current Market Price: Rs.2,971

- Stop Loss: Rs.2,890

- Target 1: Rs.3,055

- Target 2: Rs.3,115

- Holding Period: 1 week

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

2. Chalet Hotels (CHALET)

Chalet Hotels L is involved in the business activities of Activities of head offices. Company’s Total Operating Revenue is Rs.284.32 Cr. and Equity Capital is Rs.205.02 Cr. for the Year ended 31/03/2021. Chalet Hotels Ltd. is a Public Limited Listed company incorporated on 06/01/1986 and has its registered office in the State of Maharashtra, India.

CHALET Share Price Details for Today: 

- Current Market Price: Rs.283

- Stop Loss: Rs.277

- Target 1: Rs.289

- Target 2: Rs.297

- 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.

3. Tube Investments (TIINDIA)

Tube Investments is involved in the business activities of Casting of iron and steel. Company’s Total Operating Revenue is Rs.4255.75 Cr. and Equity Capital is Rs.19.28 Cr. for the Year ended 31/03/2021. Tube Investments of India Ltd. is a Public Limited Listed company incorporated on 06/10/2008 and has its registered office in the State of Tamil Nadu, India.

TIINDIA Share Price Details for Today: 

- Current Market Price: Rs.1,634

- Stop Loss: Rs.1,586

- Target 1: Rs.1,685

- Target 2: Rs.1,730

- 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. ICICI BANK (ICICIBANK)

ICICI Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs.79118.27 Cr. and Equity Capital is Rs.1383.41 Cr. for the Year ended 31/03/2021. ICICI Bank Ltd. is a Public Limited Listed company incorporated on 05/01/1994 and has its registered office in the State of Gujarat, India.

ICICIBANK Share Price Details for Today: 

- Current Market Price: Rs.754

- Stop Loss: Rs.735

- Target 1: Rs.774

- Target 2: Rs.790

- Holding Period: 1 week

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

5. WIPRO LTD (WIPRO)

Wipro is involved in the business activities of Providing software support and maintenance to the clients. Company’s Total Operating Revenue is Rs.50299.40 Cr. and Equity Capital is Rs.1095.80 Cr. for the Year ended 31/03/2021. Wipro Ltd. is a Public Limited Listed company incorporated on 29/12/1945 and has its registered office in the State of Karnataka, India.

WIPRO Share Price Details for Today: 

- Current Market Price: Rs.571

- Stop Loss: Rs.557

- Target 1: Rs.585

- Target 2: Rs.605

- 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 gap-down opening for the Indian markets. SGX Nifty is trading at 16,993 levels, down 213 points. (Updated at 8:35 AM).

International Market

Asian Market:

Asian stocks fell as Ukraine-Russia tensions climbed. Japan's benchmark Nikkei 225 is down 2.17% to trade at 26,327.90. Hong Kong's Hang Seng is trading down 2.84% at 23,484.26, while the Shanghai Composite trades down 1.22% at 3,447.96.

US Market:

US stocks were closed on Monday for Presidents Day.

Also read: Three IT stocks to watch out on 22 February