5 Stocks to Buy Today: September 16, 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. Cyient Ltd (CYIENT)

Cyient Stock Details for Today: 

- Current Market Price: Rs.1,111

- Stop Loss: Rs.1,060

- Target 1: Rs. 1,200

- Holding Period: 1 week

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

2. Bharti Airtel (BHARTIARTL)

Bharti Airtel Stock Details for Today: 

- Current Market Price: Rs. 726

- Stop Loss: Rs. 711

- Target 1: Rs. 740

- Target 2: Rs. 756

- Holding Period: 1 Week

5paisa Recommendation: Our technical analysts observe that further buying in this stock to continue today as well.

3. Easy Trip (EASEMYTRIP)

Easy Trip Stock Details for Today: 

- Current Market Price: Rs. 542

- Stop Loss: Rs. 531

- Target 1: Rs. 565

- Holding Period: 1 Week

5paisa Recommendation: Our technical analysts observe that uptrend in the stock is likely to continue.

4. Supreme Industries (SUPREMEIND)

Supreme Industries Stock Details for Today: 

- Current Market Price: Rs. 2,259

- Stop Loss: Rs. 2,210

- Target 1: Rs. 2,370

- Holding Period: 1 Week

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

5. Birlasoft Ltd (BSOFT)

Birlasoft Stock Details for Today: 

- Current Market Price: Rs. 426

- Stop Loss: Rs. 415

- Target 1: Rs. 450

- Holding Period: 1 Week

5paisa Recommendation:  Our technical analysts observe the end of sideway trend.  Thus making stock 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 17,521.20 levels, higher 134.25 points. (Updated at 7:55 AM).

International Markets:

US Market: US markets ended with gains as energy stocks lead the gainers with oil prices at 3-month highs.

Bond yields trade near 1.29% even as US$ sees initial weakness being bought into the US sees high. Higher tax proposal gets go-ahead from White House which could see higher volatility in the near future.

Asian Market: Asian markets opened muted with the Japanese 'Nikkei' trading almost flat as markets consolidated after a superb last fortnight.

Higher ETF flows have been the elixir for Asian markets with money seeing a move from developed to emerging markets.

Chinese stocks have lagged behind the Asian peers as Government policy on the internet/fintech sees foreign funds turn sellers.