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 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 8-Dec-2023
1. HDFCBANK: ON THE VERGE OF BREAKOUT
Hdfc Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 161585.54 Cr. and Equity Capital is Rs. 557.97 Cr. for the Year ended 31/03/2023. HDFC Bank Ltd. is a Public Limited Listed company incorporated on 30/08/1994 and has its registered office in the State of Maharashtra, India.
HDFC Bank Share Price Target for Today:
● Action: BUY
● Buy: ₹1653
● Stop Loss: ₹1619
● Target 1: ₹1687
● Target 2: ₹1720
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects on verge of breakout hence making HDFC Bank is one of the best stock to buy today.
2. RBLBANK: RISING VOLUME
Rbl Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 9129.85 Cr. and Equity Capital is Rs. 599.57 Cr. for the Year ended 31/03/2023. RBL Bank Ltd. is a Public Limited Listed company incorporated on 14/06/1943 and has its registered office in the State of Maharashtra, India.
RBL Bank Share Price Target for Today:
● Action: BUY
● Buy: ₹268
● Stop Loss: ₹260
● Target 1: ₹276
● Target 2: ₹285
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects rising volume hence making RBL Bank one of the best stock to buy today.
3. HINDCOPPER: BULLISH MOMENTUM
Hindustan Copper is involved in the business activities of Casting of non-ferrous metals. Company’s Total Operating Revenue is Rs. 1677.33 Cr. and Equity Capital is Rs. 483.51 Cr. for the Year ended 31/03/2023. Hindustan Copper Ltd. is a Public Limited Listed company incorporated on 09/11/1967 and has its registered office in the State of West Bengal, India.
Hindustan Copper Share Price Target for Today:
● Action: Buy
● Buy: ₹186
● Stop Loss: ₹180
● Target 1: ₹192
● Target 2: ₹198
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects bullish momentum hence making Hindustan Copper is one of the best stock to buy today.
4. PNBHOUSING: POSITIVE CROSSOVER
Pnb Housing Finance 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. 6490.55 Cr. and Equity Capital is Rs. 168.86 Cr. for the Year ended 31/03/2023. PNB Housing Finance Ltd. is a Public Limited Listed company incorporated on 11/11/1988 and has its registered office in the State of Delhi, India.
PNB Housing Finance Share Price Target for Today:
● Action: Buy
● Buy: ₹781
● Stop Loss: ₹757
● Target 1: ₹805
● Target 2: ₹828
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects positive crossover making PNB Housing Finance is one of the best stock to buy today.
5. MMTC: PULLBACK MOVE
Mmtc Ltd. is involved in the business activities of Wholesale of fertilizers and agrochemical products. Company’s Total Operating Revenue is Rs. 272.55 Cr. and Equity Capital is Rs. 150.00 Cr. for the Year ended 31/03/2023. MMTC Ltd. is a Public Limited Listed company incorporated on 26/09/1963 and has its registered office in the State of Delhi, India.
MMTC Share Price Target for Today:
● Action: Buy
● Buy: ₹59
● Stop Loss: ₹56
● Target 1: ₹62
● Target 2: ₹65
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects pullback move in this stock hence making MMTC one of the best stock to buy today.
Share Market Today
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| S&P ASX 200 | 7194.90 | 21.6 (0.3%) |
| CAC 40 | 7541.92 | 117.3 (1.58%) |
| DAX | 16770.77 | 142.07 (0.85%) |
| Dow Jones | 36247.87 | 130.49 (0.36%) |
| FTSE 100 | 7571.16 | 65.98 (0.88%) |
| Hang Seng | 16321.03 | -21.95 (-0.13%) |
| US Tech 100 | 14407.64 | 78.46 (0.55%) |
| Nikkei 225 | 32307.86 | -550.45 (-1.68%) |
| S&P 500 | 4604.37 | 18.78 (0.41%) |
| Gift Nifty | 21069.00 | -12.5 (-0.06%) |
| Shanghai Composite | 2969.56 | 3.35 (0.11%) |
| Taiwan Weighted | 17383.99 | 105.25 (0.61%) |
| US 30 | 36270.00 | 3 (0.01%) |
High Performing Stocks Yesterday
| Stock Name | % Return |
|---|---|
| No Calls | 0.00% |
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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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