Stocks to Buy Today: 5 Best Shares to Buy on 04-May-22

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 on May 04, 2022

1. NLC India (NLCINDIA)

NLC India L belongs to the Industry of Power - Generation/Distribution. Company’s Total Operating Revenue is Rs.7249.63 Cr. and Equity Capital is Rs.1386.64 Cr. for the Year ended 31/03/2021. NLC India Ltd. is a Public Limited Listed company incorporated on 14/11/1956 and has its registered office in the State of Tamil Nadu, India.

NLCINDIA Share Price Target for Today: 

- Current Market Price: Rs.89

- Stop Loss: Rs.86.5

- Target 1: Rs.91.5

- Target 2: Rs.96

- Holding Period: 1 week

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

2. RSWM LTD (RSWM)

RSWM Ltd. belongs to the Industry of Textiles - Spinning - Synthetic Blended. Company’s Total Operating Revenue is Rs.2326.02 Cr. and Equity Capital is Rs.23.55 Cr. for the Year ended 31/03/2021. RSWM Ltd. is a Public Limited Listed company incorporated on 17/10/1960 and has its registered office in the State of Rajasthan, India.

RSWM Share Price Target for Today: 

- Current Market Price: Rs.543

- Stop Loss: Rs.529

- Target 1: Rs.557

- Target 2: Rs.575

- 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. Ruby Mills (RUBYMILLS)

Ruby Mills is involved in the business activities of Finishing of cotton and blended cotton textiles.. Company’s Total Operating Revenue is Rs.123.33 Cr. and Equity Capital is Rs.8.36 Cr. for the Year ended 31/03/2021. Ruby Mills Ltd. is a Public Limited Listed company incorporated on 09/01/1917 and has its registered office in the State of Maharashtra, India.

RUBYMILLS Share Price Target for Today: 

- Current Market Price: Rs.467

- Stop Loss: Rs.456

- Target 1: Rs.478

- Target 2: Rs.490

- Holding Period: 1 week

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

4. Solar Industries (SOLARINDS)

Solar Industries India is involved in the business activities of Manufacture of explosives, ammunition and fire works. Company’s Total Operating Revenue is Rs.1584.40 Cr. and Equity Capital is Rs.18.10 Cr. for the Year ended 31/03/2021. Solar Industries India Ltd. is a Public Limited Listed company incorporated on 24/02/1995 and has its registered office in the State of Maharashtra, India.

SOLARINDS Share Price Target for Today: 

- Current Market Price: Rs.2,919

- Stop Loss: Rs.2,845

- Target 1: Rs.2,995

- Target 2: Rs.3,075

- 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. Blue Dart (BLUEDART)

Blue Dart Express is involved in the business activities of Courier activities. Company’s Total Operating Revenue is Rs.3279.70 Cr. and Equity Capital is Rs.23.76 Cr. for the Year ended 31/03/2021. Blue Dart Express Ltd. is a Public Limited Listed company incorporated on 05/04/1991 and has its registered office in the State of Maharashtra, India.

BLUEDART Share Price Target for Today: 

- Current Market Price: Rs.7,043

- Stop Loss: Rs.6,850

- Target 1: Rs.7,245

- Target 2: Rs.7,400

- Holding Period: 1 week

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

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