Stocks to Buy Today: January 28 2022 - Apollo Tyres, Tata Chemicals, Pearl

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 28

1. Apollo Tyres (APOLLOTYRE)

Apollo Tyres is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company’s Total Operating Revenue is Rs.11733.40 Cr. and Equity Capital is Rs.63.51 Cr. for the Year ended 31/03/2021. Apollo Tyres Ltd. is a Public Limited Listed company incorporated on 28/09/1972 and has its registered office in the State of Kerala, India.

APOLLOTYRE Share Price Details for Today: 

- Current Market Price: Rs.213

- Stop Loss: Rs.207

- Target 1: Rs.219

- Target 2: Rs.228

- 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.

2. Pearl Global (PGIL)

Pearl Global Industries is involved in the business activities of Manufacture of wearing apparel, except fur apparel. Company’s Total Operating Revenue is Rs.771.40 Cr. and Equity Capital is Rs.21.66 Cr. for the Year ended 31/03/2021. Pearl Global Industries Ltd. is a Public Limited Listed company incorporated on 05/07/1989 and has its registered office in the State of Delhi, India.

PGIL Share Price Details for Today: 

- Current Market Price: Rs.551

- Stop Loss: Rs.537

- Target 1: Rs.567

- Target 2: Rs.590

- 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. Tata Chemicals (TATACHEM)

Tata Chemicals is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.2998.88 Cr. and Equity Capital is Rs.254.82 Cr. for the Year ended 31/03/2021. Tata Chemicals Ltd. is a Public Limited Listed company incorporated on 23/01/1939 and has its registered office in the State of Maharashtra, India.

TATACHEM Share Price Details for Today: 

- Current Market Price: Rs.911

- Stop Loss: Rs.885

- Target 1: Rs.940

- Target 2: Rs.965

- 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. TV18 Broadcast (TV18BRDCST)

Tv18 Broadcast is involved in the business activities of Television programming and broadcasting activities. Company’s Total Operating Revenue is Rs.1104.18 Cr. and Equity Capital is Rs.342.87 Cr. for the Year ended 31/03/2021. TV18 Broadcast Ltd. is a Public Limited Listed company incorporated on 06/06/2005 and has its registered office in the State of Maharashtra, India.

TV18BRDCST Share Price Details for Today: 

- Current Market Price: Rs.59

- Stop Loss: Rs.57

- Target 1: Rs.62

- Target 2: Rs.66

- 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. Gujarat Narmada (GNFC)

Gujarat Narmada Valley is involved in the business activities of Manufacture of urea and other organic fertilizers. Company’s Total Operating Revenue is Rs.5128.69 Cr. and Equity Capital is Rs.155.42 Cr. for the Year ended 31/03/2021. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is a Public Limited Listed company incorporated on 10/05/1976 and has its registered office in the State of Gujarat, India. 

GNFC Share Price Details for Today: 

- Current Market Price: Rs.467

- Stop Loss: Rs.455

- Target 1: Rs.479

- Target 2: Rs.496

- Holding Period: 1 week

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

Share Market Today

SGX Nifty:

SGX Nifty indicates a negative opening for the Indian markets. SGX Nifty is trading at 17,125.50 levels, down 42 points. (Updated at 7:40 AM).

International Market

Asian Market:

Asian stocks are trading mixed. Japan's benchmark Nikkei 225 is up 1.69% to trade at 26,611.73. Hong Kong's Hang Seng is trading down 0.66% at 23,650.85, while the Shanghai Composite trades down 0.44% at 3,379.20.

US Market:

US stocks closed lower as investors tried to estimate how monetary policy and economic prospects would affect corporate profits and stock valuations. The Dow Jones Industrial Average closed down 0.02% at 34,160.78; the S&P 500 closed down 0.54%, at 4,326.51; and the Nasdaq Composite closed down 1.40%, at 13,352.78.