Stocks to Buy Today: January 21 2022 - Cosmo Films, Vardhman, Vinati

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 21

1. Cosmo Films (COSMOFILMS)

Cosmo Films is involved in the business activities of Manufacture of semi-finished of plastic products (plastic plates, sheets, blocks, film, foil, strip etc.). Company’s Total Operating Revenue is Rs.2082.91 Cr. and Equity Capital is Rs.18.17 Cr. for the Year ended 31/03/2021. Cosmo Films Ltd. is a Public Limited Listed company incorporated on 07/10/1976 and has its registered office in the State of Delhi, India.

COSMOFILMS Share Price Details for Today: 

- Current Market Price: Rs.1,808

- Stop Loss: Rs.1,765

- Target 1: Rs.1,860

- Target 2: Rs.1,927

- 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. Vardhman Textiles (VTL)

Vardhman Textiles Lt is involved in the business activities of Spinning, weaving and finishing of textiles. Company’s Total Operating Revenue is Rs.5787.64 Cr. and Equity Capital is Rs.57.56 Cr. for the Year ended 31/03/2021. Vardhman Textiles Ltd. is a Public Limited Listed company incorporated on 08/10/1973 and has its registered office in the State of Punjab, India.

VTL Share Price Details for Today: 

- Current Market Price: Rs.2,813

- Stop Loss: Rs.2,740

- Target 1: Rs.2,895

- Target 2: Rs.2,970

- 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.

3. Deepak Nitrite (DEEPAKNTR)

Deepak Nitrite belongs to the Industry of Chemicals - Inorganic - Others. Company’s Total Operating Revenue is Rs.1809.14 Cr. and Equity Capital is Rs.27.28 Cr. for the Year ended 31/03/2021. Deepak Nitrite Ltd. is a Public Limited Listed company incorporated on 06/06/1970 and has its registered office in the State of Gujarat, India.

DEEPAKNTR Share Price Details for Today: 

- Current Market Price: Rs.2,652

- Stop Loss: Rs.2,580

- Target 1: Rs.2,730

- Target 2: Rs.2,800

- 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.

4. Greaves Cotton (GREAVESCOT)

Greaves Cotton is involved in the business activities of Manufacture of motor vehicles. Company’s Total Operating Revenue is Rs.1329.06 Cr. and Equity Capital is Rs.46.24 Cr. for the Year ended 31/03/2021. Greaves Cotton Ltd. is a Public Limited Listed company incorporated on 29/03/1922 and has its registered office in the State of Maharashtra, India.

GREAVESCOT Share Price Details for Today: 

- Current Market Price: Rs.250

- Stop Loss: Rs.244

- Target 1: Rs.256

- Target 2: Rs.267

- 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. Vinati Organics (VINATIORGA)

Vinati Organics is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.954.26 Cr. and Equity Capital is Rs.10.28 Cr. for the Year ended 31/03/2021. Vinati Organics Ltd. is a Public Limited Listed company incorporated on 15/06/1989 and has its registered office in the State of Maharashtra, India.

VINATIORGA Share Price Details for Today: 

- Current Market Price: Rs.2,118

- Stop Loss: Rs.2,070

- Target 1: Rs.2,175

- Target 1: Rs.2,235

- 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.

Share Market Today

SGX Nifty:

SGX Nifty indicates a negative opening for the Indian markets. SGX Nifty is trading at 17,647.50 levels, down 152 points. (Updated at 8:25 AM).

International Market

Asian Market:

Asian stocks trade lower following another failed relief rally in the US amid ongoing hawkish themes. Japan's benchmark Nikkei 225 is down 1.42% to trade at 27,377.44. Hong Kong's Hang Seng is trading down 0.06% at 24,936.34, while the Shanghai Composite trades down 0.64% at 3,532.26.

US Market:

US stocks closed lower on Thursday. The Dow Jones Industrial Average closed down 0.89% at 34,715.39; the S&P 500 closed down 1.10%, at 4,482.73; and the Nasdaq Composite closed down 1.30%, at 14,154.02.