Stocks to Buy Today: 5 Best Shares to Trade Online | 5paisa (2024)

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 28-Mar-2024

1. CENTURY TEXTILES: PULLBACK FORM SUPPORT

Century Textiles is involved in the business activities of Manufacture of paper and paper rolls not further processed. Company’s Total Operating Revenue is Rs. 4795.21 Cr. and Equity Capital is Rs. 111.69 Cr. for the Year ended 31/03/2023. Century Textiles & Industries Ltd. is a Public Limited Listed company incorporated on 20/10/1897 and has its registered office in the State of Maharashtra, India.

Century Textiles & Industries Share PriceTargetfor Today:

● Action: BUY

● Buy:₹1506

● Stop Loss:₹1440

● Target 1:₹1560

● Target 2: ₹1600

● Holding Period: 1 week

5paisa Recommendation: Our technical experts expects PULLBACK FORM SUPPORT in this stock hence makingCentury Textiles & Industries one of the best stock to buy today.

2. DIXON TECH: CONTINUATION OF UPTREND

Dixon Technologies is involved in the business activities of Manufacture of electric lighting equipment. Company’s Total Operating Revenue is Rs. 6997.40 Cr. and Equity Capital is Rs. 11.91 Cr. for the Year ended 31/03/2023. Dixon Technologies (India) Ltd. is a Public Limited Listed company incorporated on 15/01/1993 and has its registered office in the State of Uttar Pradesh, India.

Dixon Technologies Share PriceTargetfor Today:

● Action: BUY

● Buy: ₹7424

● Stop Loss: ₹7250

● Target 1: ₹7600

● Target 2: ₹7750

● Holding Period: 1 week

5paisa Recommendation: Our technical experts expects CONTINUATION OF UPTRENDin this stock hence making Dixon Technologies one of the best stock to buy today.

3. DATA PATTERN: BULLISH MOMENTUM

Data Patterns (India is involved in the business activities of Manufacture of radar equipment, gps devices, search, detection, navigation, aeronautical and nautical equipment. Company’s Total Operating Revenue is Rs. 453.45 Cr. and Equity Capital is Rs. 11.20 Cr. for the Year ended 31/03/2023. Data Patterns (India) Ltd. is a Public Limited Listed company incorporated on 11/11/1998 and has its registered office in the State of Tamil Nadu, India.

Data Patterns (India)Share Price Targetfor Today:

● Action: Buy

● Sell: ₹2456

● Stop Loss: ₹2360

● Target 1: ₹2550

● Target 2: ₹2640

● Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BULLISH MOMENTUMin this stock hence making theData Patterns (India)one of the best stock to buy today.

4. BLUE STAR: TRADING AT SUPPORT

Blue Star is involved in the business activities of Other electrical electrical installation. Company’s Total Operating Revenue is Rs. 7353.13 Cr. and Equity Capital is Rs. 19.26 Cr. for the Year ended 31/03/2023. Blue Star Ltd. is a Public Limited Listed company incorporated on 20/01/1949 and has its registered office in the State of Maharashtra, India.

Blue Star Share Price Targetfor Today:

● Action: Buy

● Buy: ₹1301

● Stop Loss: ₹1260

● Target 1: ₹1340

● Target 2: ₹1380

● Holding Period: 1 week

5paisa Recommendation: Our technical experts expects TRADING AT SUPPORT in this stock hence making Blue Star one of the best stock to buy today.

5. ALEMBIC PHARMA: POSITIVE CROSSOVER

Alembic Pharmaceutic is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 5149.00 Cr. and Equity Capital is Rs. 39.31 Cr. for the Year ended 31/03/2023. Alembic Pharmaceuticals Ltd. is a Public Limited Listed company incorporated on 16/06/2010 and has its registered office in the State of Gujarat, India.

Alembic Pharmaceuticals Share Price Targetfor Today:

● Action: Buy

● Buy: ₹987

● Stop Loss: ₹957

● Target 1: ₹1015

● Target 2: ₹1044

● Holding Period: 1 week

5paisa Recommendation: Our technical experts expects POSITIVE CROSSOVER in this stock hence makingAlembic Pharmaceuticals one of the best stock to buy today.

Stocks to Buy Today: 5 Best Shares to Trade Online | 5paisa (2024)

FAQs

Which share is best for trading today? ›

Top Intraday Stocks
Company NameLTP ()CHG ()
Hero MotoCorp Ltd4414.0032.80
Cipla Ltd1389.508.10
Hindustan Unilever Ltd2206.6012.55
Tata Steel Ltd161.750.90
6 more rows

What are 5 good stocks? ›

The 9 Best Stocks To Buy Now
Company (Ticker)Forward P/E Ratio
Fidelity National Information Services, Inc. (FIS)15.3
Intuitive Surgical, Inc. (ISRG)60.9
The Kraft Heinz Company (KHC)12.2
The Progressive Corporation (PGR)23.3
5 more rows
Apr 8, 2024

What stocks are good for day trading right now? ›

What are the best day trading stocks? - High volume stocks.
  • Carvana (NYSE: CVNA)
  • Meta Platforms (NASDAQ: META)
  • Peloton Interactive (NASDAQ: PTON)
  • Haliburton (NYSE: HAL)
  • SPDR Select Sector Fund (XLF)
  • Invesco QQQ (NASDAQ: QQQ)
  • Marathon Digital Holdings (NASDAQ: MARA)
  • Block Inc (NYSE: SQ)

What are top 10 stocks to buy? ›

Here are top 10 stock ideas for the long-term from various brokerages:
  • 1) Vedanta. ...
  • 3) Reliance Industries (RIL) ...
  • 4) Hindustan Aeronautics (HAL) ...
  • 5) ICICI Bank. ...
  • 6) Zomato. ...
  • 9) Bharti Airtel.
5 days ago

What are the top 3 most active stocks today? ›

Most Actives
SymbolNamePrice (Intraday)
AAPLApple Inc.172.69
NIONIO Inc.3.8900
AMDAdvanced Micro Devices, Inc.160.32
MPWMedical Properties Trust, Inc.4.7400
20 more rows

How do I find the best stock to trade? ›

8 rules for selecting stocks for Intraday Trading
  1. Choose liquid stocks. ...
  2. Avoid volatile stocks. ...
  3. Invest in correlated stocks. ...
  4. Follow market trends. ...
  5. Use charting tools. ...
  6. Look for transparent companies. ...
  7. Choose stocks with a presence in the derivatives segment. ...
  8. Trade news-sensitive stocks.
Dec 15, 2023

What are 3 good stocks to invest in? ›

Three Motley Fool contributors were recently asked to select three stocks that they think could outperform the major indexes this year. Here's why they chose e.l.f. Beauty (NYSE: ELF), Revolve Group (NYSE: RVLV), and Sweetgreen (NYSE: SG).

Which share is best for beginners? ›

List of 5 Best Stocks for Beginners
S.No.Company NameKey Feature
1Reliance Industries StocksDiversified Business Interests
2GAIL (India) Ltd. SharesLeader in India's Natural Gas Sector
3Mahindra and Mahindra SharesStrong Presence in Utility Vehicles
4Tata Consultancy Services StocksGlobal IT Services and Consulting Leader
1 more row
Mar 23, 2024

What are the 3 main stocks? ›

The S&P 500 and Dow Jones Industrial Average are the top large-cap indexes. Notable mid-cap indexes include the S&P Mid-Cap 400, the Russell Midcap, and the Wilshire US Mid-Cap Index. In small-caps, the Russell 2000 is an index of the 2,000 smallest stocks from the Russell 3000.

Which companies are best for trading? ›

Best Stocks For Options Trading
SNoList of Top Stocks for Options TradingIndustry
1.Reliance Industries Ltd ShareConglomerate
2.State Bank of India ShareBanking and Finance
3.Infosys Ltd ShareInformation Technology
4.Tata Consultancy Services Ltd ShareInformation Technology
1 more row
Mar 26, 2024

How to make money on day trading? ›

This strategy involves profiting from a stock's daily volatility. You attempt to buy at the low of the day and sell at the high of the day. Here, the price target is simply at the next sign of a reversal. This strategy usually involves trading on news releases or finding strong trending moves supported by high volume.

How to make money trading? ›

Some basic ways a stock trader makes money:
  1. Buy Low, Sell High. This is a method through which stock traders aim to buy a stock when it's cheap and sell it off at a higher price in the future. ...
  2. Short Selling. ...
  3. Dividends. ...
  4. Spot Trading. ...
  5. Futures Derivatives Trading. ...
  6. Arbitrage Trading. ...
  7. Fundamental Analysis. ...
  8. Technical Analysis.

What stock pays you the most? ›

10 Best Dividend Stocks to Buy
  • Verizon Communications VZ.
  • Johnson & Johnson JNJ.
  • Philip Morris International PM.
  • Altria Group MO.
  • Comcast CMCSA.
  • Medtronic MDT.
  • Pioneer Natural Resources PXD.
  • Duke Energy DUK.

What are the best stocks to invest in to make money fast? ›

Just like Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), and Apple Inc. (NASDAQ:AAPL), Airbnb, Inc. (NASDAQ:ABNB) is one of the best money making stocks to invest in. In its Q3 2023 investor letter, Artisan Partners, an asset management firm, highlighted a few stocks and Airbnb, Inc.

What stocks go up the most? ›

US stocks that increased the most in price
SymbolChange %Price
SNPO D+29.48%10.54 USD
DDXYZ D+27.17%36.88 USD
VISL D+25.89%4.18 USD
UPC D+23.84%2.13 USD
31 more rows

Which share is in demand today? ›

In demand stocks
S.No.NameEPS Prev Ann Rs.
1.Sobhagya Mercant456.67
2.Mercury Trade Li-0.37
3.Kanungo Financi.-7.47
4.Decorous Investm0.20
23 more rows

Which is the best share to buy today for short term? ›

STOCKS FOR SHORT TERM BUYING
S.No.NameCMP Rs.
1.Brightcom Group14.96
2.Axita Cotton22.64
3.Ugar Sugar Works75.71
4.Radiant Cash84.61
23 more rows

Which stock is bullish today? ›

Bullish Stock
S.No.NameCMP Rs.
1.Hind.Aeronautics3728.00
2.Jhandewala Foods132.85
3.Cummins India3120.00
4.Va Tech Wabag928.70
23 more rows

Which share is best to buy under $100? ›

Best Stocks Under 100: Top Long & Short Term Shares Under 100 Rupees in 2024
  • Indian Overseas Bank.
  • IDBI Bank Ltd.
  • NHPC Ltd.
  • Yes Bank Ltd.
  • Vodafone Idea Ltd.
  • UCO Bank.
  • IDFC First Bank Ltd.
  • Suzlon Energy Ltd.
Apr 1, 2024

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