Stocks to Buy Today: January 13 2022 - Ghcl Ltd, Gujarat Alkalies, Rajesh Exports

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 January 13

1. GHCL LTD (GHCL)

Adani Green Energy is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs.2473.00 Cr. and Equity Capital is Rs.1564.00 Cr. for the Year ended 31/03/2021. Adani Green Energy Ltd. is a Public Limited Listed company incorporated on 23/01/2015 and has its registered office in the State of Gujarat, India

GHCL Share Price Details for Today: 

- Current Market Price: Rs.425

- Stop Loss: Rs.413

- Target 1: Rs.438

- Target 2: Rs.452

- 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.

2. Gujarat Alkalies (GUJALKALI)

Gujarat Alkalies & C belongs to the Industry of Chemicals - Inorganic - Caustic Soda/Soda Ash. Company’s Total Operating Revenue is Rs.2429.48 Cr. and Equity Capital is Rs.73.44 Cr. for the Year ended 31/03/2021. Gujarat Alkalies & Chemicals Ltd. is a Public Limited Listed company incorporated on 29/03/1973 and has its registered office in the State of Gujarat, India.

GUJALKALI Share Price Details for Today: 

- Current Market Price: Rs.721

- Stop Loss: Rs.702

- Target 1: Rs.743

- Target 2: Rs.765

- Holding Period: 1 week

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

3. Rajesh Exports (RAJESHEXPO)

Rajesh Exports L is involved in the business activities of Manufacture of jewellery, bijouterie and related articles. Company’s Total Operating Revenue is Rs.2060.32 Cr. and Equity Capital is Rs.29.53 Cr. for the Year ended 31/03/2021. Rajesh Exports Ltd. is a Public Limited Listed company incorporated on 01/02/1995 and has its registered office in the State of Karnataka, India.

RAJESHEXPO Share Price Details for Today: 

- Current Market Price: Rs.857

- Stop Loss: Rs.836

- Target 1: Rs.879

- Target 2: Rs.910

- 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. NDR Auto (NDRAUTO)

NDRAUTO Share Price Details for Today: 

- Current Market Price: Rs.433

- Stop Loss: Rs.422

- Target 1: Rs.445

- Target 2: Rs.464

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

5. Kabra Extrusion (KABRAEXTRU)

Kabra Extrusion belongs to the Industry of Engineering - Heavy. Company’s Total Operating Revenue is Rs.274.24 Cr. and Equity Capital is Rs.15.95 Cr. for the Year ended 31/03/2021. Kabra Extrusion Technik Ltd. is a Public Limited Listed company incorporated on 21/10/1982 and has its registered office in the State of Maharashtra, India..

KABRAEXTRU Share Price Details for Today: 

- Current Market Price: Rs.483

- Stop Loss: Rs.471

- Target 1: Rs.496

- Target 1: Rs.516

- 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 18,349 levels, up 133 points. (Updated at 8:25 AM).

International Market

Asian Market:

Asian stocks are trading mixed. Japan's benchmark Nikkei 225 down 0.86% to trade at 28,517.94. Hong Kong's Hang Seng is trading up 0.49% at 24,520.94, while the Shanghai Composite trades down 0.05% at 3,595.52.

US Market:

US stocks closed with modest gains after the inflation came in near a four-decade high. The Dow Jones Industrial Average closed up 0.11% at 36,290.32; the S&P 500 closed up 0.28%, at 4,726.35; and the Nasdaq Composite closed up 0.23%, at 15,188.39.