Stocks to Buy Today: 5 Best Shares to Buy on 26-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 26, 2022

1. Balkrishna Industries (BALKRISIND)

Balkrishna Industries is involved in the business activities of manufacture of refined petroleum products. Company’s Total Operating Revenue is Rs.5757.92 Cr. and Equity Capital is Rs.38.66 Cr. for the Year ended 31/03/2021. Balkrishna Industries Ltd. is a Public Limited Listed company incorporated on 20/11/1961 and has its registered office in the State of Maharashtra, India. 

BALKRISIND Share Price Target for Today: 

- Current Market Price: Rs.2,162

- Stop Loss: Rs.2,100

- Target 1: Rs.2,225

- Target 2: Rs.2,270

- 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. Minda Industries (MINDAIND)

Minda Industries is involved in the business activities of Manufacture of parts and accessories for motor vehicles. Company’s Total Operating Revenue is Rs.3700.65 Cr. and Equity Capital is Rs.54.39 Cr. for the Year ended 31/03/2021. Minda Industries Ltd. is a Public Limited Listed company incorporated on 16/09/1992 and has its registered office in the State of Delhi, India.

MINDAIND Share Price Target for Today: 

- Current Market Price: Rs.890

- Stop Loss: Rs.869

- Target 1: Rs.911

- Target 2: Rs.933

- Holding Period: 1 week

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

3. ICICI Prudential (ICICIPRULI)

ICICI Pru Life Insurance is involved in the business activities of Life insurance. Company’s Total Operating Revenue is Rs.60858.46 Cr. and Equity Capital is Rs.1437.31 Cr. for the Year ended 31/03/2022. ICICI Prudential Life Insurance Company Ltd. is a Public Limited Listed company incorporated on 20/07/2000 and has its registered office in the State of Maharashtra, India.

ICICIPRULI Share Price Target for Today: 

- Current Market Price: Rs.521

- Stop Loss: Rs.509

- Target 1: Rs.533

- Target 2: Rs.547

- 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. Vinati Organics (VINATIORGA)

Vinati Organics is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.954.26 Cr. and Equity Capital is Rs.10.28 Cr. for the Year ended 31/03/2021. Vinati Organics Ltd. is a Public Limited Listed company incorporated on 15/06/1989 and has its registered office in the State of Maharashtra, India.

VINATIORGA Share Price Target for Today: 

- Current Market Price: Rs.2,051

- Stop Loss: Rs.1,998

- Target 1: Rs.2,105

- Target 2: Rs.2,162

- Holding Period: 1 week

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

5. ONGC (ONGC)

ONGC is involved in the business activities of support activities for petroleum and natural gas mining. Company’s Total Operating Revenue is Rs.68087.18 Cr. and Equity Capital is Rs.6290.14 Cr. for the Year ended 31/03/2021. Oil And Natural Gas Corporation Ltd. is a Public Limited Listed company incorporated on 23/06/1993 and has its registered office in the State of Delhi, India. 

ONGC Share Price Target for Today: 

- Current Market Price: Rs.152.5

- Stop Loss: Rs.149

- Target 1: Rs.156

- Target 2: Rs.160

- 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.

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