5 Stocks to Buy Today: September 14, 2021

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

1. Privi Speciality Chemicals Ltd (PRIVISCL)

Privi Speciality Chemicals Limited is India's leading manufacturer, supplier and exporter of aroma and fragrance chemicals and a globally trusted partner and a preferd supplier of bulk aroma chemicals

Privi Speciality Chemicals Stock Details for Today: 

- Current Market Price: Rs.1,889

- Stop Loss: Rs.1,838

- Target 1: Rs. 1,945

- Target 2: Rs. 2,070

- Holding Period: 10 Days

5paisa Recommendation: Strong volumes indicate this is likely to be a coveted stock, thus making it to the top stocks to buy list. 

2. Action Construction (ACE)

Action Construction Equipment Ltd. is an Indian material handling and construction equipment manufacturing company with major market share in Cranes segment

Action Construction Stock Details for Today: 

- Current Market Price: Rs. 278

- Stop Loss: Rs. 270

- Target 1: Rs. 287

- Target 2: Rs. 300

- Holding Period: 10 Days 

5paisa Recommendation: Our technical analysts observe a breakout in this stock and our experts expect the uptrend to continue today as well.

3. Linde India (LINDEINDIA)

Linde India Ltd is a leading supplier of gases & related products & services in India. It is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants.

Linde India Stock Details for Today: 

- Current Market Price: Rs. 2,649

- Stop Loss: Rs. 2,595

- Target 1: Rs. 2,715

- Target 2: Rs. 2,800

- Holding Period: 10 Days

5paisa Recommendation:  With a strong performance and demand, Linde India's sideways movement is expected to end, thus making it one of the best stocks to buy today.

4. SRF (SRF)

SRF Limited is a multi-business chemicals conglomerate engaged in the manufacturing of industrial and specialty intermediates.

SRF Stock Details for Today: 

- Current Market Price: Rs. 10,685

- Stop Loss: Rs. 10,400

- Target 1: Rs. 10,900

- Target 2: Rs. 11,250

- Holding Period: 10 Days

5paisa Recommendation:  It is likely that the momentum on positive side is expected, based on technical analysis. Thus, making it to our list of top 5 stocks to buy today. 

5. Indian Railway Catering and Tourism Corporation (IRCTC)

Indian Railway Catering and Tourism Corporation Limited is an India-based company engaged in offering Internet ticketing, catering and tourism. The Company is engaged in offering catering and hospitality services at stations, on trains and other locations. Its segments include Catering and Hospitality; Internet Ticketing; Travel and Tourism, and Packaged Drinking Water (Rail Neer).

IRCTC Stock Details for Today: 

- Current Market Price: Rs. 3,436

- Stop Loss: Rs. 3,365

- Target 1: Rs. 3,525

- Target 2: Rs. 3,600

- Holding Period: 10 Days

5paisa Recommendation:  Our technical analysts observe buying in this stock is likely to continue.  Thus making IRCTC as one of our strongest recommended Stocks to Buy Today.

Share Market Today

SGX Nifty:

SGX Nifty indicates positive opening for Indian markets. SGX Nifty is at 17,421.50 levels, higher 59.50 points. (Updated at 7:52 AM).

International Markets:

US Market: US markets see a pullback as Dow Jones closed higher over 250 points after 5 days of decline.

However, Nasdaq sees profit booking to closed in the red even as bond yields climb to 1.34%.

Commodities lead the pullback with alumina prices hitting a 13-year high.

Asian Market: Asian markets opened with gains as the Japanese 'Nikkei' traded near a 3-month high on the back of ETF flows into Japanese stocks.

Most other Asian indices also have delinked from the Chinese markets as that continues to be volatile due to constant regulatory changes on fintech Corporates.