Stocks to Buy Today: February 23 2022 - Adani ports, L&T, Genesys

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 23

1. Jagsonpal Pharmaceuticals (JAGSNPHARM)

Jagsonpal Pharma belongs to the Industry of Pharmaceuticals. Company’s Total Operating Revenue is Rs.187.95 Cr. and Equity Capital is Rs.13.10 Cr. for the Year ended 31/03/2021. Jagsonpal Pharmaceuticals Ltd. is a Public Limited Listed company incorporated on 17/08/1978 and has its registered office in the State of Delhi, India. 

JAGSNPHARM Share Price Details for Today: 

- Current Market Price: Rs.246

- Stop Loss: Rs.240

- Target 1: Rs.252

- Target 2: Rs.261

- Holding Period: 1 week

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

2. Quess Corp (QUESS)

Quess Corp belongs to the Industry of Services - Others. Company’s Total Operating Revenue is Rs.7483.41 Cr. and Equity Capital is Rs.147.68 Cr. for the Year ended 31/03/2021. Quess Corp Ltd. is a Public Limited Listed company incorporated on 19/09/2007 and has its registered office in the State of Karnataka, India.

QUESS Share Price Details for Today: 

- Current Market Price: Rs.621

- Stop Loss: Rs.604

- Target 1: Rs.639

- Target 2: Rs.656

- 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. Adani Ports (ADANIPORTS)

Adani Ports & Special is involved in the business activities of Cargo handling incidental to water transport. Company’s Total Operating Revenue is Rs.4377.15 Cr. and Equity Capital is Rs.406.35 Cr. for the Year ended 31/03/2021. Adani Ports & Special Economic Zone Ltd. is a Public Limited Listed company incorporated on 26/05/1998 and has its registered office in the State of Gujarat, India.

ADANIPORTS Share Price Details for Today: 

- Current Market Price: Rs.706

- Stop Loss: Rs.686

- Target 1: Rs.727

- Target 2: Rs.742

- 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. Genesys International (GENESYS)

Genesys International Corp. is involved in the business activities of Architectural and engineering activities and related technical consultancy. Company’s Total Operating Revenue is Rs.79.56 Cr. and Equity Capital is Rs.15.61 Cr. for the Year ended 31/03/2021. Genesys International Corporation Ltd. is a Public Limited Listed company incorporated on 28/01/1983 and has its registered office in the State of Maharashtra, India. .

GENESYS Share Price Details for Today: 

- Current Market Price: Rs.462

- Stop Loss: Rs.451

- Target 1: Rs.473

- Target 2: Rs.486

- 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. L&T INFOTECH (LTI)

L&T Infotech is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.11562.60 Cr. and Equity Capital is Rs.17.50 Cr. for the Year ended 31/03/2021. Larsen & Toubro Infotech Ltd. is a Public Limited Listed company incorporated on 23/12/1996 and has its registered office in the State of Maharashtra, India.

LTI Share Price Details for Today: 

- Current Market Price: Rs.5,991

- Stop Loss: Rs.5,850

- Target 1: Rs.6,135

- Target 2: Rs.6,250

- 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 17,191 levels, up 88.50 points. (Updated at 8:35 AM).

International Market

Asian Market:

Asian stocks steadied as investors hold their breath on Ukraine. Japan's benchmark Nikkei 225 is down 1.71% to trade at 26,449.61. Hong Kong's Hang Seng is trading up 0.58% at 23,657.18, while the Shanghai Composite trades up 0.37% at 3,469.93.

US Market:

US stocks tumble as Biden announces new Russia sanctions. The Dow Jones Industrial Average closed down 1.42% at 33,596.61; the S&P 500 closed down 1.01%, at 4,304.76; and the Nasdaq Composite closed down 1.23% at 13,381.52.

Also read: Five midcap stocks to keep on your radar in today’s session!