5 Stocks to Buy Today: September 22, 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. Brigade Enterprises Limited (BRIGADE)

BRIGADE Stock Details for Today: 

- Current Market Price: Rs.401

- Stop Loss: Rs.388

- Target 1: Rs.417

- Target 2: Rs.445

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe a strong volume in this stock.

2. Seamec Ltd.(SEAMECLTD)

SEAMECLTD Stock Details for Today: 

- Current Market Price: Rs. 1,193

- Stop Loss: Rs. 1,115

- Target 1: Rs. 1,230

- Target 2: Rs. 1,280

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observed that sideways move in this stock is expected to end. 

3. MindTree Ltd (MINDTREE)

MINDTREE Stock Details for Today: 

- Current Market Price: Rs. 4,354

- Stop Loss: Rs. 4,250

- Target 1: Rs.4,435

- Target 2: Rs. 4,525

- Holding Period: 1 week

5paisa Recommendation: Uptrend expected to continue and thus recommend this as one of the stocks to buy today.

4. Bajaj Finserv Ltd (BAJAJFINSV)

BAJAJFINSV Stock Details for Today: 

- Current Market Price: Rs. 17,587

- Stop Loss: Rs. 17,200

- Target 1: Rs. 17,850

- Target 2: Rs. 18,300

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts have observed a positive momentum in this stock and this making this stock as one of the best stocks to buy today.

5. Maharashtra Scooters Ltd. (MAHSCHOOTER)

MAHSCHOOTER Stock Details for Today: 

- Current Market Price: Rs. 4,651

- Stop Loss: Rs. 4,550

- Target 1: Rs. 4,770

- Target 1: Rs. 4,835

- Holding Period: 1 week

5paisa Recommendation: Further buying expected

Share Market Today

SGX NIFTY: 

SGX Nifty indicates negative opening for Indian markets. SGX Nifty is at 17,536.80 levels, lower 25.25 points. (Updated at 7:45 AM).

International Markets:

US Market:

US markets end in the red before the Federal Reserve meet today where taper talk dominates headlines.

Dow Jones closed lower by 50 points after being up over 400 points intraday. Bond yields closed at 1.32% while Gold prices remained flat as markets await the Federal decision.

Asian Market:

Asian markets opened muted with the Japanese 'Nikkei' paring opening losses and trading lower by 120 points.

Most other Asian markets will reopen after 3 day’s holidays with the Chinese stocks being in the limelight after the "Evergrande" default.

Collateral selling in other markets could be the order of the day as markets brace for both events being played out today.

Disclaimer: The above report is compiled from information available on the public platforms.