Every morning our analysts scan through the markets universe and choose one of the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the preferred ones make it to the leading 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.
5 Stocks to Buy or Sell on 26-Sep-2023
1. TATACONSUM: RISING VOLUME
Tata Consumer Produc is involved in the business activities of Manufacture of mineral water. Company’s Total Operating Revenue is Rs. 8538.82 Cr. and Equity Capital is Rs. 92.90 Cr. for the Year ended 31/03/2023. Tata Consumer Products Ltd. is a Public Limited Listed company incorporated on 18/10/1962 and has its registered office in the State of West Bengal, India.
Tata Consumer Products Target for Today:
● Action: Buy
● Buy: ₹900
● Stop Loss: ₹873
● Target 1: ₹927
● Target 2: ₹954
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects rising volume hence making Tata Consumer Products is one of the best stock to buy today.
2. AAVAS: ON VERGE OF BREAKOUT
Aavas Financiers is involved in the business activities of Financial Leasing. Company’s Total Operating Revenue is Rs. 1608.30 Cr. and Equity Capital is Rs. 79.06 Cr. for the Year ended 31/03/2023. Aavas Financiers Ltd. is a Public Limited Listed company incorporated on 23/02/2011 and has its registered office in the State of Rajasthan, India.
Aavas Financiers Target for Today:
● Action: Buy
● Buy: ₹1696
● Stop Loss: ₹1645
● Target 1: ₹1745
● Target 2: ₹1797
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects on verge of breakout hence making Aavas Financiers is one of the best stock to buy today.
3. BIRLAMONEY: VOLUME SPURT
Aditya Birla Money L belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 262.96 Cr. and Equity Capital is Rs. 5.65 Cr. for the Year ended 31/03/2023. Aditya Birla Money Ltd. is a Public Limited Listed company incorporated on 04/07/1995 and has its registered office in the State of Gujarat, India.
Aditya Birla Money Target for Today:
● Action: Buy
● Buy: ₹77
● Stop Loss: ₹73
● Target 1: ₹81
● Target 2: ₹85
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects volume spurt hence making Aditya Birla Money is one of the best stock to buy today.
4. ASHOKLEY: POSITIVE CROSSOVER
Ashok Leyland is involved in the business activities of Manufacture of commercial vehicles such as vans, lorries, over-the-road tractors for semi-trailers etc.. Company’s Total Operating Revenue is Rs. 36144.14 Cr. and Equity Capital is Rs. 293.61 Cr. for the Year ended 31/03/2023. Ashok Leyland Ltd. is a Public Limited Listed company incorporated on 07/09/1948 and has its registered office in the State of Tamil Nadu, India.
Ashok Leyland Target for Today:
● Action: Buy
● Buy: ₹182
● Stop Loss: ₹177
● Target 1: ₹188
● Target 2: ₹193
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects positive crossover in this stock hence making Ashok Leyland is one of the best stock to buy today.
5. TRENT: BULLISH BREAKOUT
Trent Ltd. is involved in the business activities of Retail sale of readymade garments, hosiery goods, other articles of clothing and clothing accessories such as gloves, ties, braces etc.. Company’s Total Operating Revenue is Rs. 7715.19 Cr. and Equity Capital is Rs. 35.55 Cr. for the Year ended 31/03/2023. Trent Ltd. is a Public Limited Listed company incorporated on 05/12/1952 and has its registered office in the State of Maharashtra, India.
Trent Target for Today:
● Action: Buy
● Buy: ₹2157
● Stop Loss: ₹2093
● Target 1: ₹2221
● Target 2: ₹2286
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects bullish breakout hence making Trent is one of the best stock to buy today.
Check Web-stories: 5 Stocks to Buy Today: 26-Sep-2023
Share Market Today
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| S&P ASX 200 | 7014.10 | -28.3 (-0.4%) |
| CAC 40 | 7074.02 | -49.86 (-0.7%) |
| DAX | 15255.87 | -149.62 (-0.97%) |
| Dow Jones | 33618.88 | -388 (-1.14%) |
| FTSE 100 | 7625.72 | 1.73 (0.02%) |
| Hang Seng | 17577.93 | 107.62 (0.62%) |
| US Tech 100 | 13068.61 | -207.71 (-1.56%) |
| Nikkei 225 | 32219.86 | -95.19 (-0.29%) |
| S&P 500 | 4273.53 | -63.91 (-1.47%) |
| Gift Nifty | 19544.50 | -63.5 (-0.32%) |
| Shanghai Composite | 3112.54 | 10.27 (0.33%) |
| Taiwan Weighted | 16256.12 | -19.95 (-0.12%) |
| US 30 | 33683.00 | 15.3 (0.05%) |
High Performing Stocks Yesterday
| Stock Name | % Return |
|---|---|
| INDUSTOWER | 2.4% |
| UNIONBANK | 2.3% |
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.
Frequently Asked Questions
To choose the best stocks to buy today, follow these tips:
1. Understand the business by doing your research. Analysing the fundamentals and technical aspects of a stock and understanding a business' prospects can help determine its fair value and ensure its alignment with your plans.
2. Building your portfolio requires a combination of quantitative and qualitative analysis. As a result, you can develop a strategy that works for you.
3. Make investment decisions without emotion. You should avoid buying a stock just because it's hyped or selling it just because it's most wanted.
4. Diversifying your portfolio will spread your risks.
The above tips will help you choose the best stocks to buy today.
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