5 Stocks to Buy Today: September 21, 2021

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 Today

1. HLE GLASCOAT LTD. (HLEGLAS)

HLE Glascoat Limited is a leading manufacturer of process equipment for the chemical and pharmaceutical industries, and the market leaders in Filtration and Drying Equipment and are a leading manufacturer of Glass Lined Equipment globally.

HLEGLASS Stock Details for Today: 

- Current Market Price: Rs.6,026

- Stop Loss: Rs.6,100

- Target 1: Rs.6,290

- Target 2: Rs.6,400

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe a strong momentum in this stock, making it a good buy today.

2. HINDUSTAN UNILIVER LTD. (HINDUNILVR)

Hindustan Unilever Limited is an Indian consumer goods company headquartered that manufactures and sells various products such as foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods.

CRISIL Stock Details for Today: 

- Current Market Price: Rs.2,800

- Stop Loss: Rs.2,750

- Target 1: Rs.2,855

- Target 2: Rs.2,920

- Holding Period: 1 week

5paisa Recommendation: Bounce from support observed, making this stock feature on our best buys today.

3. NEOGEN CHEMICALS (NEOGEN)

Neogen Chemicals Ltd. is a 30-year old company specialising in Bromine based compounds, Grignard Reagents and Inorganic Lithium Salts.

NEOGEN Stock Details for Today: 

- Current Market Price: Rs.1,266

- Stop Loss: Rs.1,230

- Target 1: Rs.1,300

- Target 2: Rs.1,350

- Holding Period: 1 week

5paisa Recommendation: This stock has a very impressive volume. Our technical analysts, thus, recommend this as one of the stocks to buy today.

4. APOLLO PIPES (APOLLOPIPE)

Apollo pipes is known for the high quality of pipes & fittings products and our reliable distribution and retail networks, that cater to multiple sectors across the country, such as Agriculture, Water Management, and Infrastructure. 

APOLLOPIPE Stock Details for Today: 

- Current Market Price: Rs.1,656

- Stop Loss: Rs.1,630

- Target 1: Rs.1,685

- Target 2: Rs.1,725

- Holding Period: 1 week

5paisa Recommendation: Breakout on chart suggests this as one of the top stocks to buy today.

5. BUTTEFLY GANDHIMATHI (BUTTERFLY)

Butterfly Gandhimathi is one of India's leading manufacturers of exquisite kitchen appliances, ranging from LPG stoves, Mixer Grinders, Table Top Wet grinders to Blenders & Sandwich makers with cutting edge technology.

BUTTERFLY Stock Details for Today: 

- Current Market Price: Rs.925

- Stop Loss: Rs.908

- Target 1: Rs.945

- Target 2: Rs.974

- Holding Period: 1 week

5paisa Recommendation:  Our technical analysts observed that the uptrend is expected to continue in this stock. Thus making stock as one of our strongest recommended Stocks to Buy Today. 

Share Market Today

SGX NIFTY: 

SGX Nifty indicates positive opening for Indian markets. SGX Nifty is at 17,431.80 levels, higher 76 points. (Updated at 7:48 AM).

International Markets:

US Market:

US markets see a biggest fall as the Chinese reality default of 'Evergrande’ has a ripple effect across all markets.

Dow Jones falls over 950 points before closing lower by 614 as short covering sees recovery from lows.

Nasdaq sees bigger sell off closing lower by over 2%, while US$ index hits 3 month highs at 93.24.

Asian Market:

Asian markets opened weak with the Japanese 'Nikkei' trading lower by 550 points in early trade.

Most Asian markets have been shut for the Autumn break holidays and will see more action tomorrow as South Korea and Taiwan resume trading.

Chinese stocks also saw no action as the Shanghai stock exchange will trade on 22nd September with the ripple effect of ‘Evergrande' default expected to see across the board sell off.