Stocks to Buy Today: 5 Best Shares to Buy on 18-May-22

stocks to buy on 18-may-22

by 5paisa Research Team Last Updated: May 18, 2022, 09:01 AM IST

Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

ADANIPORTS

BUY

745

725

766

784

TITAN

BUY

2176

2120

2232

2295

STLTECH

BUY

180

175

185

190

APCOTEXIND

BUY

591

576

606

618

GUJALKALI

BUY

834

810

859

877


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 May 18, 2022

1. Adani Ports (ADANIPORTS)

Adani Ports & Special Economic Zone 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 Target for Today

- Current Market Price: Rs.745

- Stop Loss: Rs.725

- Target 1: Rs.766

- Target 2: Rs.784

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects the stock to be bounce hence making this stock best stock to buy.

2. TITAN (TITAN)

Titan Company is involved in the business activities of manufacture of ophthalmic goods, eyeglasses, sunglasses, lenses ground to prescription, contact lenses, safety goggles etc.. Company’s Total Operating Revenue is Rs.27210.00 Cr. and Equity Capital is Rs.88.78 Cr. for the Year ended 31/03/2022. Titan Company Ltd. is a Public Limited Listed company incorporated on 26/07/1984 and has its registered office in the State of Tamil Nadu, India.


TITAN Share Price Target for Today

- Current Market Price: Rs.2,176

- Stop Loss: Rs.2,120

- Target 1: Rs.2,232

- Target 2: Rs.2,295

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is oversold on the chart hence making this stock best stock to buy.
 

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3. Sterlite Technologies (STLTECH)

Sterlite Technologies is involved in the business activities of manufacture of fibre optic cables for data transmission or live transmission of images. Company’s Total Operating Revenue is Rs.5021.06 Cr. and Equity Capital is Rs.79.55 Cr. for the Year ended 31/03/2022. Sterlite Technologies Ltd. is a Public Limited Listed company incorporated on 24/03/2000 and has its registered office in the State of Dadra & Nagar Haveli, India.


STLTECH Share Price Target for Today

- Current Market Price: Rs.180

- Stop Loss: Rs.175

- Target 1: Rs.185

- Target 2: Rs.190

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects recovery on cards and recommends adding this stock in to your list of best stocks to buy today.

4. Apcotex Industries (APCOTEXIND)

Apcotex Industries Ltd is involved in the business activities of manufacture of synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs.956.89 Cr. and Equity Capital is Rs.10.37 Cr. for the Year ended 31/03/2022. Apcotex Industries Ltd. is a Public Limited Listed company incorporated on 12/03/1986 and has its registered office in the State of Maharashtra, India.


APCOTEXIND Share Price Target for Today

- Current Market Price: Rs.591

- Stop Loss: Rs.576

- Target 1: Rs.606

- Target 2: Rs.618

- 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 Alkalies (GUJALKALI)

Gujarat Alkalies & Chemicals 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 Target for Today

- Current Market Price: Rs.834

- Stop Loss: Rs.810

- Target 1: Rs.859

- Target 2: Rs.877

- 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

 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

16,234.50

-0.21%

Nikkei 225 (8:00 AM)

26,833.67

+0.65%

Shanghai Composite (8:00 AM)

3,072.13

-0.70%

Hang Seng (8:00 AM)

20,441.27

-0.78%

Dow Jones (last close)

32,654.59

+1.34%

S&P 500 (last close)

4,088.85

+2.02%

Nasdaq (last close)

11,984.52

+2.76%

 

SGX Nifty indicates a negative opening for the Indian markets. Most Asian stocks are trading lower. US stocks closed higher lifted by Apple, Tesla and other mega-cap growth stocks after strong retail sales in April eased worries about slowing economic growth.

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

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