Stocks to Buy Today: 5 Best Shares to Buy on 29-Apr-22

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Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

RSWM

BUY

521

507

535

553

BSE

BUY

859

835

883

904

LT

BUY

1719

1675

1763

1821

BLS

BUY

369

361

377

389

COALINDIA

BUY

190

185

195

203


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 April 29, 2022


1. 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.521

- Stop Loss: Rs.507

- Target 1: Rs.535

- Target 2: Rs.553

- Holding Period: 1 week

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

2. BSE LTD (BSE)

BSE is involved in the business activities of Administration of financial markets. Company’s Total Operating Revenue is Rs.423.92 Cr. and Equity Capital is Rs.9.00 Cr. for the Year ended 31/03/2021. BSE Ltd. is a Public Limited Listed company incorporated on 08/08/2005 and has its registered office in the State of Maharashtra, India.


BSE Share Price Target for Today

- Current Market Price: Rs.859

- Stop Loss: Rs.835

- Target 1: Rs.883

- Target 2: Rs.904

- 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.

 

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3. L&T (LT)

L&T is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs.73315.59 Cr. and Equity Capital is Rs.280.91 Cr. for the Year ended 31/03/2021. Larsen & Toubro Ltd. is a Public Limited Listed company incorporated on 07/02/1946 and has its registered office in the State of Maharashtra, India.


LT Share Price Target for Today

- Current Market Price: Rs.1,719

- Stop Loss: Rs.1,675

- Target 1: Rs.1,763

- Target 2: Rs.1,821

- 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. BLS International (BLS)

BLS International Se belongs to the Industry of Services - Others. Company’s Total Operating Revenue is Rs.20.26 Cr. and Equity Capital is Rs.10.25 Cr. for the Year ended 31/03/2021. BLS International Services Ltd. is a Public Limited Listed company incorporated on 07/11/1983 and has its registered office in the State of Delhi, India.


BLS Share Price Target for Today

- Current Market Price: Rs.369

- Stop Loss: Rs.361

- Target 1: Rs.377

- Target 2: Rs.389

- 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. Coal India (COALINDIA)

Coal India is involved in the business activities of Opencast mining of hard coal. Company’s Total Operating Revenue is Rs.640.25 Cr. and Equity Capital is Rs.6162.73 Cr. for the Year ended 31/03/2021. Coal India Ltd. is a Public Limited Listed company incorporated on 14/06/1973 and has its registered office in the State of West Bengal, India.

COALINDIA Share Price Target for Today

- Current Market Price: Rs.190

- Stop Loss: Rs.185

- Target 1: Rs.195

- Target 2: Rs.203

- 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.

Share Market Today

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

17,301

+0.41%

Nikkei 225 (8:00 AM)

26,847.90

+1.75%

Shanghai Composite (8:00 AM)

2,981.99

+0.22%

Hang Seng (8:00 AM)

20,145.51

-0.64%

Dow Jones (last close)

33,916.39

+1.85%

S&P 500 (last close)

4,287.50

+2.47%

Nasdaq (last close)

12,871.53

+3.06%

 

SGX Nifty indicates a positive opening for the Indian markets. Most Asian stocks are trading positively.  US stocks closed higher as investors piled into technology stocks following results from Facebook parent Meta Platforms that weren’t as bad as feared.

 

Also read: Chart Busters:Top trading set-ups towatch for Friday

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