Stocks to Buy Today: January 10 2022 - Kajaria Ceramics, SRF Ltd, Asahi India

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 January 10

1. Asahi India (ASAHIINDIA)

Asahi India Glass is involved in the business activities of Manufacture of glass in primary or semi-manufactured forms (such as sheets & plate glass) including mirror sheets and wired, coloured, tinted, toughened or laminated glass. Company’s Total Operating Revenue is Rs.2380.49 Cr. and Equity Capital is Rs.24.31 Cr. for the Year ended 31/03/2021. Asahi India Glass Ltd. is a Public Limited Listed company incorporated on 10/12/1984 and has its registered office in the State of Delhi, India.

ASAHIINDIA Share Price Details for Today: 

- Current Market Price: Rs.532

- Stop Loss: Rs.517

- Target 1: Rs.550

- Target 2: Rs.573

- Holding Period: 1 week

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

2. SRF LTD (SRF)

SRF Ltd. 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.6988.32 Cr. and Equity Capital is Rs.60.26 Cr. for the Year ended 31/03/2021. SRF Ltd. is a Public Limited Listed company incorporated on 09/01/1970 and has its registered office in the State of Delhi, India.

SRF Share Price Details for Today: 

- Current Market Price: Rs.2,505

- Stop Loss: Rs.2,445

- Target 1: Rs.2,572

- Target 2: Rs.2,630

- Holding Period: 1 week

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

3. Kajaria Ceramics (KAJARIACER)

Kajaria Ceramics is involved in the business activities of Manufacture of refractory ceramic products. Company’s Total Operating Revenue is Rs.2523.18 Cr. and Equity Capital is Rs.15.91 Cr. for the Year ended 31/03/2021. Kajaria Ceramics Ltd. is a Public Limited Listed company incorporated on 20/12/1985 and has its registered office in the State of Uttar Pradesh, India.

KAJARIACER Share Price Details for Today: 

- Current Market Price: Rs.1,356

- Stop Loss: Rs.1,320

- Target 1: Rs.1,395

- Target 2: Rs.1,460

- 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.

4. MAX Financial (MFSL)

MFSL Share Price Details for Today: 

- Current Market Price: Rs.1,034

- Stop Loss: Rs.1,010

- Target 1: Rs.1,065

- Target 2: Rs.1,120

- 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.
 

5. Affle India (AFFLE)

Affle (India) belongs to the Industry of Entertainment & Media. Company’s Total Operating Revenue is Rs.266.73 Cr. and Equity Capital is Rs.25.50 Cr. for the Year ended 31/03/2021. Affle (India) Ltd. is a Private Limited Listed company incorporated on 18/08/1994 and has its registered office in the State of Maharashtra, India.

AFFLE Share Price Details for Today: 

- Current Market Price: Rs.1,303

- Stop Loss: Rs.1,260

- Target 1: Rs.1,350

- Target 1: Rs.1,425

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

Share Market Today

SGX Nifty: SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 17,926.00 levels, up 69 points. (Updated at 8:22 AM).

International Market

Asian Market: Asian stocks fluctuate as investors are bracing for increased bond market volatility as the omicron COVID-19 variant continues to spread rapidly. Japan's benchmark Nikkei 225 down 0.03% to trade at 28,478.56. Hong Kong's Hang Seng is trading up 0.75% at 23,669.64, while the Shanghai Composite trades up 0.10% at 3,582.99.

US Market: US stocks closed lower after the December jobs report missed expectations to become the worst month of job creation in the past 12 months. The Dow Jones Industrial Average closed down 0.01% at 36,231.66; the S&P 500 closed down 0.41%, at 4,677.03; and the Nasdaq Composite closed down 0.96%, at 14,935.90.