Stocks to Buy Today: 5 Best Shares to Buy on 13-May-22

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 May 13, 2022

1. Sun Pharmaceutical (SUNPHARMA)

Sun Pharmaceutical is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs.12803.21 Cr. and Equity Capital is Rs.239.93 Cr. for the Year ended 31/03/2021. Sun Pharmaceutical Industries Ltd. is a Public Limited Listed company incorporated on 01/03/1993 and has its registered office in the State of Gujarat, India.

SUNPHARMA Share Price Target for Today: 

- Current Market Price: Rs.850

- Stop Loss: Rs.828

- Target 1: Rs.872

- Target 2: Rs.891

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects the stock to be bounce hence making this stock best stock to buy.

2. Maruti Suzuki (MARUTI)

Maruti Suzuki India is involved in the business activities of Manufacture of passenger cars. Company’s Total Operating Revenue is Rs.88295.60 Cr. and Equity Capital is Rs.151.00 Cr. for the Year ended 31/03/2022. Maruti Suzuki India Ltd. is a Public Limited Listed company incorporated on 24/02/1981 and has its registered office in the State of Delhi, India.

MARUTI Share Price Target for Today: 

- Current Market Price: Rs.7,254

- Stop Loss: Rs.7,075

- Target 1: Rs.7,435

- Target 2: Rs.7,600

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is oversold on the chart hence making this stock best stock to buy.

3. Power Grid (POWERGRID)

Power Grid Corporation is involved in the business activities of Transmission of electric energy. Company’s Total Operating Revenue is Rs.37665.65 Cr. and Equity Capital is Rs.5231.59 Cr. for the Year ended 31/03/2021. Power Grid Corporation of India Ltd. is a Public Limited Listed company incorporated on 23/10/1989 and has its registered office in the State of Delhi, India.

POWERGRID Share Price Target for Today: 

- Current Market Price: Rs.236

- Stop Loss: Rs.231

- Target 1: Rs.241

- Target 2: Rs.247 

- 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.

4. ACC LTD (ACC)

ACC is involved in the business activities of Manufacture of portland cement, aluminous cement, slag cement and similar hydraulic cement. Company’s Total Operating Revenue is Rs.16151.35 Cr. and Equity Capital is Rs.187.99 Cr. for the Year ended 31/12/2021. ACC Ltd. is a Public Limited Listed company incorporated on 01/08/1936 and has its registered office in the State of Maharashtra, India.

ACC Share Price Target for Today: 

- Current Market Price: Rs.2,177

- Stop Loss: Rs.2,123

- Target 1: Rs.2,233

- Target 2: Rs.2,285

- 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.

5. Blue Star (BLUESTARCO)

Blue Star is involved in the business activities of Manufacture of air-conditioning machines, including motor vehicles air- conditioners. Company’s Total Operating Revenue is Rs.5376.99 Cr. and Equity Capital is Rs.19.26 Cr. for the Year ended 31/03/2022. Blue Star Ltd. is a Public Limited Listed company incorporated on 20/01/1949 and has its registered office in the State of Maharashtra, India.

BLUESTARCO Share Price Target for Today: 

- Current Market Price: Rs.1,027

- Stop Loss: Rs.1,000

- Target 1: Rs.1,054

- Target 2: Rs.1,080

- Holding Period: 1 week

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

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