Stocks to Buy Today: February 15 2022 - BPCL, CIPLA, ONGC

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 February 15

1. Bharat Petroleum (BPCL)

Bharat Petroleum is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. Company’s Total Operating Revenue is Rs.232545.12 Cr. and Equity Capital is Rs.2092.91 Cr. for the Year ended 31/03/2021. Bharat Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 03/11/1952 and has its registered office in the State of Maharashtra, India.

BPCL Share Price Details for Today: 

- Current Market Price: Rs.362

- Stop Loss: Rs.354

- Target 1: Rs.370

- Target 2: Rs.379

- Holding Period: 1 week

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

2. Gujarat Gas (GUJGASLTD)

Gujarat Gas is involved in the business activities of Manufacture of gas; distribution of gaseous fuels through mains. Company’s Total Operating Revenue is Rs.9854.25 Cr. and Equity Capital is Rs.137.68 Cr. for the Year ended 31/03/2021. Gujarat Gas Ltd. is a Public Limited Listed company incorporated on 21/02/2012 and has its registered office in the State of Gujarat, India.

GUJGASLTD Share Price Details for Today: 

- Current Market Price: Rs.642

- Stop Loss: Rs.626

- Target 1: Rs.659

- Target 2: Rs.675

- 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.

3. CIPLA LTD (CIPLA)

Cipla is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs.13900.58 Cr. and Equity Capital is Rs.161.29 Cr. for the Year ended 31/03/2021. Cipla Ltd. is a Public Limited Listed company incorporated on 17/08/1935 and has its registered office in the State of Maharashtra, India.

CIPLA Share Price Details for Today: 

- Current Market Price: Rs.955

- Stop Loss: Rs.930

- Target 1: Rs.980

- Target 2: Rs.998

- 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. 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 Details for Today: 

- Current Market Price: Rs.166

- Stop Loss: Rs.162

- Target 1: Rs.170

- Target 2: Rs.175

- Holding Period: 1 week

5paisa Recommendation: Our technical experts observed positive chart for this stock and hence making this stock best stock to buy.

5. Action Construction (ACE)

Action Construction is involved in the business activities of Manufacture of motor vehicles. Company’s Total Operating Revenue is Rs.1227.01 Cr. and Equity Capital is Rs.22.70 Cr. for the Year ended 31/03/2021. Action Construction Equipment Ltd. is a Public Limited Listed company incorporated on 13/01/1995 and has its registered office in the State of Delhi, India.

ACE Share Price Details for Today: 

- Current Market Price: Rs.214

- Stop Loss: Rs.208

- Target 1: Rs.220

- Target 2: Rs.227

- Holding Period: 1 week

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

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 16,950 levels, up 111 points. (Updated at 8:30 AM).

International Market

Asian Market:

Asian stocks were mixed as traders assessed geopolitical risks, concerns about Federal Reserve policy tightening, and China's central bank's efforts to support growth. Japan's benchmark Nikkei 225 is down 0.27% to trade at 27,006.66. Hong Kong's Hang Seng is trading down 0.33% at 24,474.92, while the Shanghai Composite trades up 0.30% at 3,439.03.

US Market:

US stocks closed lower as investors braced for a possible war between Russia and Ukraine and monitored for signs that the Federal Reserve might step up the pace of interest-rate increases. The Dow Jones Industrial Average closed down 0.49% at 34,566.17; the S&P 500 closed down 0.38%, at 4,401.67; and the Nasdaq Composite closed flat at 13,790.92.