Stocks to Buy Today
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 recommendations 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 12-Sep-2024
1. INDIGO: ON THE VERGE OF BREAKOUT
On the daily timeframe, the stock is on the verge of bullish breakout with bullish momentum.
INDIGO Share Price Target for Today:
● Action: BUY
● Buy: ₹4900
● Stop Loss: ₹4762
● Target 1: ₹5038
● Target 2: ₹5140
● Holding Period: 1 week
2. CYIENT: RISING VOLUME
After the sideways move, the stock started to pickup volume gradually that shows buying interest among the traders. A momentum reading is above 60 mark that supports bullish strength on the daily frame.
CYIENT Share Price Target for Today:
● Action: BUY
● Buy: ₹2080
● Stop Loss: ₹1996
● Target 1: ₹2165
● Target 2: ₹2225
● Holding Period: 1 week
3. POLICYBZR: HIGHER TOP HIGHER BOTTOM FORMATION
The stock has been forming a ‘Higher Top Higher Bottom’ formation and has recovered from its recent swing lows with rising volume that indicates continuation of uptrend.
POLICYBZR Share Price Target for Today:
● Action: BUY
● Buy: ₹1783
● Stop Loss: ₹1712
● Target 1: ₹1855
● Target 2: ₹1900
● Holding Period: 1 week
4. NAZARA: CONSOLIDATION BREAKOUT EXPECTED
On the daily timeframe, the stock has been consolidating in higher trajectory and traded above 100-SMA with spurt in volume that indicates fresh breakout in the stock.
NAZARA Share Price Target for Today:
● Action: Buy
● Buy: ₹965
● Stop Loss: ₹926
● Target 1: ₹1005
● Target 2: ₹1030
● Holding Period: 1 week
5. JYOTHYLAB: VOLUME SPURT
The stock has seen high volumes along with positive momentum in price which is a bullish sign.
JYOTHYLAB Share Price Target for Today:
● Action: Buy
● Buy: ₹579
● Stop Loss: ₹550
● Target 1: ₹608
● Target 2: ₹625
● Holding Period: 1 week
Check Stocks in News Today: Latest News on Trending Stocks Today
High Performing Stocks Yesterday
| Stock Name | Percentage (%) |
|---|---|
| HSCL | Went up 2.7% |
| HAVELLS | Went up 1.7% |
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.
Share Market Today
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| S&P ASX 200 | 8071.20 | 92.5 (1.16%) |
| CAC 40 | 7456.52 | 59.69 (0.81%) |
| DAX | 18545.60 | 215.33 (1.17%) |
| Dow | 40866.70 | 124.74 (0.31%) |
| FTSE 100 | 8258.45 | 62.41 (0.76%) |
| Hang Seng | 17240.40 | 131.68 (0.77%) |
| US Tech Composite | 17400.53 | 372.85 (2.19%) |
| Nikkei 225 | 36833.20 | 1213.5 (3.41%) |
| S&P | 5569.75 | 58.25 (1.06%) |
| Gift Nifty | 25351.50 | 271.5 (1.08%) |
| Shanghai Composite | 2717.12 | -4.68 (-0.17%) |
| Taiwan Weighted | 21653.25 | 622.25 (2.96%) |
| US 30 | 40919.50 | 79 (0.19%) |
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. Invest Now
To invest in the best stocks to buy today using 5paisa, follow these steps:
1. Install the 5paisa app on your device
2. Use your customer ID and password and log into the app
3. Use the 'Pay-in' button to transfer funds to your trading account
4. Do your research to find the stocks to buy today
5. Search for desired best stocks to buy today
6. Make a purchase order
To open demat account via website, click here