Stocks to Buy Today: 5 Best Shares to Buy on 24-May-22

stocks to buy on 24-may-22

by 5paisa Research Team Last Updated: Jun 02, 2022, 11:01 PM IST

Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

APCOTEXIND

BUY

641

624

658

673

STARHEALTH

BUY

742

723

762

779

EASEMYTRIP

BUY

455

443

467

477

INGERRAND

BUY

1485

1450

1520

1560

GNFC

BUY

662

645

679

694


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 24, 2022
 


1. 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.641

- Stop Loss: Rs.624

- Target 1: Rs.658

- Target 2: Rs.673

- Holding Period: 1 week

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

2. Star Health (STARHEALTH)

Star Health & Allied belongs to the Industry of Finance - Non Life Insurance. Company’s Total Operating Revenue is Rs.5188.00 Cr. and Equity Capital is Rs.548.09 Cr. for the Year ended 31/03/2021. Star Health and Allied Insurance Company Ltd. is a Public Limited Listed company incorporated on 17/06/2005 and has its registered office in the State of Tamil Nadu, India.


STARHEALTH Share Price Target for Today

- Current Market Price: Rs.742

- Stop Loss: Rs.723

- Target 1: Rs.762

- Target 2: Rs.779

- 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. Easy Trip (EASEMYTRIP)

Easy Trip Planners belongs to the Industry of Travel Agent / Tourism/ Amusement Park. Company’s Total Operating Revenue is Rs.106.69 Cr. and Equity Capital is Rs.21.73 Cr. for the Year ended 31/03/2021. Easy Trip Planners Ltd. is a Public Limited Listed company incorporated on 04/06/2008 and has its registered office in the State of Delhi, India.


EASEMYTRIP Share Price Target for Today

- Current Market Price: Rs.455

- Stop Loss: Rs.443

- Target 1: Rs.467

- Target 2: Rs.477

- 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. Ingersoll Rand (INGERRAND)

Ingersoll Rand belongs to the Industry of Compressors. Company’s Total Operating Revenue is Rs.617.73 Cr. and Equity Capital is Rs.31.57 Cr. for the Year ended 31/03/2021. Ingersoll-Rand (India) Ltd. is a Public Limited Listed company incorporated on 01/12/1921 and has its registered office in the State of Karnataka, India.


INGERRAND Share Price Target for Today

- Current Market Price: Rs.1,485

- Stop Loss: Rs.1,450

- Target 1: Rs.1,520

- Target 2: Rs.1,560

- 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.8642.29 Cr. and Equity Capital is Rs.155.42 Cr. for the Year ended 31/03/2022. 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 Target for Today

- Current Market Price: Rs.662

- Stop Loss: Rs.645

- Target 1: Rs.679

- Target 2: Rs.694

- 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)

16,210.50

+0.22%

Nikkei 225 (8:00 AM)

26,868.90

-0.49%

Shanghai Composite (8:00 AM)

3,141.18

-0.18%

Hang Seng (8:00 AM)

20,305.44

-0.80%

Dow Jones (last close)

31,880.24

+1.98%

S&P 500 (last close)

3,973.75

+1.86%

Nasdaq (last close)

11,535.27

+1.59%

 

SGX Nifty indicates a positive opening for the Indian markets. Most Asian stocks are trading as relief at a rally on Wall Street was quickly soured by a slide in US stock futures. US stocks ended on a positive note.

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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SENSEX
53,028.58
-132.70 (-0.25%)
Nifty 50
15,798.50
-33.55 (-0.21%)
Nifty Bank
33,588.25
-223.00 (-0.66%)

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