Every morning our analysts scan through the markets universe and choose one of the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the preferred ones make it to the leading 5 list. We also updateon the performance of earlier recommendation every morning to help you with your trading journey. Read on, to know the momentumstocks to buy today. The average holding period could be between 7-10 days on average.
5 Stocks to Buy or Sell on 18-Mar-2024
1. ZOMATO: BULLISH TREND
Zomato is involved in the business activities of Other information service activities. Company’s Total Operating Revenue is Rs. 4707.40 Cr. and Equity Capital is Rs. 836.40 Cr. for the Year ended 31/03/2023. Zomato Ltd. is a Public Limited Listed company incorporated on 18/01/2010 and has its registered office in the State of Delhi, India.
Zomato Share PriceTargetfor Today:
● Action: BUY
● Buy:₹160
● Stop Loss:₹150
● Target 1:₹170
● Target 2: ₹178
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects BULLISH TREND in this stock hence makingZomato one of the best stock to buy today.
2.UNIONBANK: REVERSED FORM SUPPORT
Union Bank Of India belongs to the Industry of Finance - Banks - Public Sector. Company’s Total Operating Revenue is Rs. 80743.34 Cr. and Equity Capital is Rs. 6834.75 Cr. for the Year ended 31/03/2023. Union Bank of India is a Public Limited Listed company incorporated on 11/11/1919 and has its registered office in the State of Maharashtra, India.
Union Bank of India Share PriceTargetfor Today:
● Action: BUY
● Buy: ₹148
● Stop Loss: ₹142
● Target 1: ₹155
● Target 2: ₹160
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects REVERSED FORM SUPPORT in this stock hence makingUnion Bank of India one of the best stock to buy today.
3. ELECTCAST: VOLUME SPURT
Electrosteel Casting is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 6916.00 Cr. and Equity Capital is Rs. 59.46 Cr. for the Year ended 31/03/2023. Electrosteel Castings Ltd. is a Public Limited Listed company incorporated on 26/11/1955 and has its registered office in the State of Orissa, India.
Electrosteel Castings Share Price Targetfor Today:
● Action: Buy
● Buy: ₹156
● Stop Loss: ₹147
● Target 1: ₹166
● Target 2: ₹175
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects VOLUME SPURT in this stock hence making theElectrosteel Castings one of the best stock to buy today.
4. GPPL: RISING VOLUME
Gujarat Pipavav Port is involved in the business activities of Cargo handling incidental to water transport. Company’s Total Operating Revenue is Rs. 916.95 Cr. and Equity Capital is Rs. 483.44 Cr. for the Year ended 31/03/2023. Gujarat Pipavav Port Ltd. is a Public Limited Listed company incorporated on 05/08/1992 and has its registered office in the State of Gujarat, India.
Gujarat Pipavav Port Share Price Targetfor Today:
● Action: Buy
● Buy: ₹206
● Stop Loss: ₹195
● Target 1: ₹217
● Target 2: ₹228
● Holding Period: 1 week
5paisa Recommendation: Our technical experts expects RISING VOLUMEin this stock hence making Gujarat Pipavav Port one of the best stock to buy today.
5. COLPAL: RESISTANCE BREAKOUT
Colgate Palmolive (India)is involved in the business activities of Manufacture of other chemical products. Company’s Total Operating Revenue is Rs. 5226.20 Cr. and Equity Capital is Rs. 27.20 Cr. for the Year ended 31/03/2023. Colgate-Palmolive (India) Ltd. is a Public Limited Listed company incorporated on 23/09/1937 and has its registered office in the State of Maharashtra, India.
