5 Stocks to Buy Today: September 24, 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. Deepak Nitrite Ltd (DEEPAKNTR)

Deepak Notrite Stock Details for Today: 

- Current Market Price: Rs.2,469

- Stop Loss: Rs.2,400

- Target 1: Rs.2,527

- Target 2: Rs.2,600

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts analysed that the sideways move expected to end.

2. Alkem Laboratories Ltd (ALKEM)

Alkem Laboratories Ltd Stock Details for Today: 

- Current Market Price: Rs. 3,963

- Stop Loss: Rs. 3,900

- Target 1: Rs. 4,015

- Target 2: Rs. 4,140

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observed positive momentum for this stock. 

3. Apollo Hospitals Enterprise Limited (APOLLOHOSP)

Apollo Hospitals Enterprise Limited Stock Details for Today: 

- Current Market Price: Rs. 5,084

- Stop Loss: Rs. 4,960

- Target 1: Rs.5,160

- Target 2: Rs. 5,380

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying  in the stock.

4. Dilip Buildcon Ltd (DBL)

Dilip Buildcon Ltd Stock Details for Today: 

- Current Market Price: Rs. 554

- Stop Loss: Rs. 541

- Target 1: Rs. 567

- Target 2: Rs. 578

- Holding Period: 1 week

5paisa Recommendation: Recovery on Cards and thus making this stock as one of the best stocks to buy today.

5. STEL Holdings Ltd (STEL)

STEL Holdings Ltd Stock Details for Today: 

- Current Market Price: Rs. 205

- Stop Loss: Rs. 199

- Target 1: Rs. 211

- Target 1: Rs. 222

- Holding Period: 1 week

5paisa Recommendation: Breakout on chart.

Share Market Today

SGX NIFTY: 

SGX Nifty indicates flat to positive opening for Indian markets. SGX Nifty is at 17,848.20 levels, higher 6.20 points. (Updated at 7:52 AM).

International Markets:

US Market:

US markets end with superb gains as markets see value buying coupled with short covering as events get discounted.

Dow Jones climbs 500 points while Nasdaq regains 15,000. Bond yields spurt to 1.43% even as the US$ index sees selling pressure to close at 93.08.

Asian Market:

Asian markets opened in the green led by the Japanese 'Nikkei' which reopened after 2 days holidays to trade higher by over 500 points.

The rest of the region was muted as investors return after long holidays with Chinese macro news coupled with global volatility seeing low participation.

Disclaimer: The above report is compiled from information available on the public platforms.