Stocks to Buy Today: 5 Best Shares to Buy on 01-Jun-22

resr 5paisa Research Team

Last Updated: 7th September 2023 - 05:09 pm

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Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

BSE

BUY

756

736

776

797

CENTURYPLY

BUY

574

559

589

605

BDL

BUY

784

763

806

829

APLAPOLLO

BUY

937

910

964

985

GSFC

BUY

167

162

172

176


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 on Jun 01, 2022

1. BSE LTD (BSE)

BSE is involved in the business activities of administration of financial markets. Company’s Total Operating Revenue is Rs.423.92 Cr. and Equity Capital is Rs.9.00 Cr. for the Year ended 31/03/2021. BSE Ltd. is a Public Limited Listed company incorporated on 08/08/2005 and has its registered office in the State of Maharashtra, India.


BSE LTD Share Price Target for Today

- Current Market Price: Rs.756

- Stop Loss: Rs.736

- Target 1: Rs.776

- Target 2: Rs.797

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying opportunity in this stock and hence making this stock as the best stock to buy today.

2. Century Plyboards (CENTURYPLY)

Century Plyboards is involved in the business activities of manufacture of other articles of paper and paperboard. Company’s Total Operating Revenue is Rs.2113.48 Cr. and Equity Capital is Rs.22.25 Cr. for the Year ended 31/03/2021. Century Plyboards (India) Ltd. is a Public Limited Listed company incorporated on 05/01/1982 and has its registered office in the State of West Bengal, India.

Century Plyboards Share Price Target for Today

- Current Market Price: Rs.574

- Stop Loss: Rs.559

- Target 1: Rs.589

- Target 2: Rs.605

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.

3. Bharat Dynamics (BDL)

Bharat Dynamics is involved in the business activities of manufacture of weapons and ammunition. Company’s Total Operating Revenue is Rs.1913.76 Cr. and Equity Capital is Rs.183.28 Cr. for the Year ended 31/03/2021. Bharat Dynamics Ltd. is a Public Limited Listed company incorporated on 16/07/1970 and has its registered office in the State of Telangana, India.


Bharat Dynamics Share Price Target for Today

- Current Market Price: Rs.784

- Stop Loss: Rs.763

- Target 1: Rs.806

- Target 2: Rs.829

- Holding Period: 1 week

5paisa Recommendation: Sideways move to end in stock and thus making this stock as one of the best stocks to buy today.

4. APL Apollo (APLAPOLLO)

APL Apollo Tubes is involved in the business activities of manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs.6007.96 Cr. and Equity Capital is Rs.24.98 Cr. for the Year ended 31/03/2021. APL Apollo Tubes Ltd. is a Public Limited Listed company incorporated on 24/02/1986 and has its registered office in the State of Delhi, India.


APL Apollo Share Price Target for Today

- Current Market Price: Rs.937

- Stop Loss: Rs.910

- Target 1: Rs.964

- Target 2: Rs.985

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

5. GSFC (GSFC)

GSFC is involved in the business activities of manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs.7499.61 Cr. and Equity Capital is Rs.79.70 Cr. for the Year ended 31/03/2021. Gujarat State Fertilizer & Chemicals Ltd. is a Public Limited Listed company incorporated on 15/02/1962 and has its registered office in the State of Gujarat, India. 


GSFC Share Price Target for Today

- Current Market Price: Rs.167

- Stop Loss: Rs.162

- Target 1: Rs.172

- Target 2: Rs.176

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects recovery on cards and recommends adding this stock in to your list of best stocks to buy today.


Share Market Today
 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

16,534.50

-0.15%

Nikkei 225 (8:00 AM)

27,472.49

+0.71%

Shanghai Composite (8:00 AM)

3,183.98

-0.08%

Hang Seng (8:00 AM)

21,312.14

-0.48%

Dow Jones (last close)

32,990.12

-0.67%

S&P 500 (last close)

4,132.15

-0.63%

Nasdaq (last close)

12,081.39

-0.41%

 

SGX Nifty indicates a negative opening for the Indian markets. Asian stocks are trading on a soft note. US stocks closed lower as Biden and Powell meet on inflation.

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