Stocks to Buy Today: 5 Best Shares to Buy on 17-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 17, 2022

1. JK PAPER (JKPAPER)

JK Paper Ltd. is involved in the business activities of manufacture of pulp, paper and paperboard. Company’s Total Operating Revenue is Rs.2741.60 Cr. and Equity Capital is Rs.169.40 Cr. for the year ended 31/03/2021. JK Paper Ltd. is a Public Limited Listed company incorporated on 04/07/1960 and has its registered office in the State of Gujarat, India.

JKPAPER Share Price Target for Today: 

- Current Market Price: Rs.338

- Stop Loss: Rs.330

- Target 1: Rs.346

- Target 2: Rs.355

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects the stock to be bounce hence making this stock best stock to buy.

2. HINDUSTAN AERONAUTICS (HAL)

Hindustan Aeronautic belongs to the Industry of Engineering - Heavy. Company’s Total Operating Revenue is Rs.22754.58 Cr. and Equity Capital is Rs.334.39 Cr. for the Year ended 31/03/2021. Hindustan Aeronautics Ltd. is a Public Limited Listed company incorporated on 16/08/1963 and has its registered office in the State of Karnataka, India.

HAL Share Price Target for Today: 

- Current Market Price: Rs.1,600

- Stop Loss: Rs.1,554

- Target 1: Rs.1,647

- Target 2: Rs.1,690

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is oversold on the chart hence making this stock best stock to buy.
 

3. JK Cement (JKCEMENT)

JK Cement is involved in the business activities of manufacture of cement, lime and plaster. Company’s Total Operating Revenue is Rs.6328.28 Cr. and Equity Capital is Rs.77.27 Cr. for the Year ended 31/03/2021. JK Cement Ltd. is a Public Limited Listed company incorporated on 24/11/1994 and has its registered office in the State of Uttar Pradesh, India.

JKCEMENT Share Price Target for Today: 

- Current Market Price: Rs.2,391

- Stop Loss: Rs.2,330

- Target 1: Rs.2,452

- Target 2: Rs.2,520

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects recovery on cards and recommends adding this stock in to your list of best stocks to buy today.

4. Bharat Dynamics (BDL)

Bharat Dynamics is involved in the business activities of manufacture of weapons and ammunition. Company’s Total Operating Revenue is Rs.1913.76 Cr. and Equity Capital is Rs.183.28 Cr. for the Year ended 31/03/2021. Bharat Dynamics Ltd. is a Public Limited Listed company incorporated on 16/07/1970 and has its registered office in the State of Telangana, India.

BDL Share Price Target for Today: 

- Current Market Price: Rs.689

- Stop Loss: Rs.673

- Target 1: Rs.705

- Target 2: Rs.720

- 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.

5. LIC Housing (LICHSGFIN)

LIC Housing Finance is involved in the business activities of activities of specialized institutions granting credit for house purchases that also take deposits. Company’s Total Operating Revenue is Rs.19847.15 Cr. and Equity Capital is Rs.100.99 Cr. for the Year ended 31/03/2021. LIC Housing Finance Ltd. is a Public Limited Listed company incorporated on 19/06/1989 and has its registered office in the State of Maharashtra, India.

LICHSGFIN Share Price Target for Today: 

- Current Market Price: Rs.345

- Stop Loss: Rs.337

- Target 1: Rs.353

- Target 2: Rs.361

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

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