Stocks to Buy Today: 5 Best Shares to Buy on 14-Jun-22

stocks to buy today on 14 June 2022

by 5paisa Research Team Last Updated: Jun 14, 2022, 09:03 AM IST

Stocks to Buy Today  

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

MARICO

BUY

498

483

520

530

IPCA

BUY

868

829

920

960

HDFC

BUY

2130

2065

2235

2280

PIDILITIND

BUY

2130

2040

2270

2320

HEROMOTOCO

BUY

2590

2500

2640

2720

 

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 on Jun 14, 2022

1. Marico (MARICO)

Marico Ltd. is involved in the business activities of other grain milling and processing. Company’s Total Operating Revenue is Rs.7500.00 Cr. and Equity Capital is Rs.129.00 Cr. for the Year ended 31/03/2022. Marico Ltd. is a Public Limited Listed company incorporated on 13/10/1988 and has its registered office in the State of Maharashtra, India.

Marico Share Price Target for Today

- Current Market Price: Rs.498

- Stop Loss: Rs.483

- Target 1: Rs.520

- Target 2: Rs.530

- Holding Period: 1 week

5paisa Recommendation: Pullback is Expected in Marico Ltd and thus making this stock as one of the best stocks to buy today.

2. IPCA Laboratories (IPCA)

IPCA Laboratories is involved in the business activities of manufacture of allopathic pharmaceutical preparations. Company’s Total Operating Revenue is Rs.5139.16 Cr. and Equity Capital is Rs.25.37 Cr. for the Year ended 31/03/2021. IPCA Laboratories Ltd. is a Public Limited Listed company incorporated on 19/10/1949 and has its registered office in the State of Maharashtra, India.

IPCA Laboratories Share Price Target for Today:

- Current Market Price: Rs.868

- Stop Loss: Rs.829

- Target 1: Rs.920

- Target 2: Rs.960

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects near to support in IPCA Laboratories and hence making this stock as the best stock to buy today.
 

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3. HDFC (HDFC)

HDFC is involved in the business activities of activities of specialized institutions granting credit for house purchases that also take deposits. Company’s Total Operating Revenue is Rs.48149.74 Cr. and Equity Capital is Rs.360.79 Cr. for the Year ended 31/03/2021. Housing Development Finance Corporation Ltd. is a Public Limited Listed company incorporated on 17/10/1977 and has its registered office in the State of Maharashtra, India.

HDFC Share Price Target for Today:

- Current Market Price: Rs.2,130

- Stop Loss: Rs.2,065

- Target 1: Rs.2,235

- Target 2: Rs.2,280

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects near to support in HDFC Ltd and hence making this stock as the best stock to buy today.

4. Pidilite Industries (PIDILITIND)

Pidilite Industries is involved in the business activities of manufacture of gelatine and its derivatives, resinoids, glues, prepared adhesives, including rubber-based glues and adhesives. Company’s Total Operating Revenue is Rs.6216.33 Cr. and Equity Capital is Rs.50.82 Cr. for the Year ended 31/03/2021. Pidilite Industries Ltd. is a Public Limited Listed company incorporated on 28/07/1969 and has its registered office in the State of Maharashtra, India.

Pidilite Industries Share Price Target for Today:

- Current Market Price: Rs.2,130

- Stop Loss: Rs.2,040

- Target 1: Rs.2,270

- Target 2: Rs.2,320

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see bullish engulfing pattern in this stock hence making Pidilite, the best stock to buy. 

5. Hero MotoCorp (HEROMOTOCO)

Hero MotoCorp is involved in the business activities of manufacture of motorcycles. Company’s Total Operating Revenue is Rs.29245.47 Cr. and Equity Capital is Rs.39.96 Cr. for the Year ended 31/03/2022. Hero MotoCorp Ltd. is a Public Limited Listed company incorporated on 19/01/1984 and has its registered office in the State of Delhi, India.

Hero MotoCorp Share Price Target for Today

- Current Market Price: Rs.2,590

- Stop Loss: Rs.2,500

- Target 1: Rs.2,640

- Target 2: Rs.2,720

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Hero MotoCorp on verge of breakout in this stock hence making this stock best stock to buy.


Share Market Today
 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

15,686.00

-0.59%

Nikkei 225 (8:00 AM)

26,446.82

-2.00%

Shanghai Composite (8:00 AM)

3,238.86

-0.51%

Hang Seng (8:00 AM)

20,912.53

-0.74%

Dow Jones (last close)

30,516.74

-2.79%

S&P 500 (last close)

3,749.63

-3.88%

Nasdaq (last close)

10,809.23

-4.68%


SGX Nifty indicates a negative opening for the Indian markets. Asian stocks fell as worries of a recession pushed Wall Street into a bear market. US stocks closed lower and the S&P 500 confirmed it is in a bear market. This sparked fears that the Fed's rapid rate hikes could trigger a recession.

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Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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