NEPSE Stocks to Buy Today - 1-8-2024

NEPSE Stocks to Buy Today - 1-8-2024

On a daily basis, our market specialists analyze the NEPSE stock market for the best-performing companies with great momentum so that you can evaluate them. We take a large pool of momentum stocks and narrow it down to only five that we think have the most potential for growth.

To further support you in your trading activities, we also offer weekly information on how previously suggested equities have performed. Keep watching to find out which momentum stocks are a good investment right now. These shares are usually held for a duration of 7-10 days on average.

NEPSE Stocks to Buy Today - 1-8-2024

STOCK	ACTION	TRADE PRICE	Stop Loss	TARGET 1	TARGET 2
AHPC	BUY	252.9	240.0	265.0	280.0
BHDC	BUY	502	480.0	530.0	560.0
DLBS	BUY	1015.00	980.0	1080.00	1150.00
DORDI	BUY	314.1	300.0	330.0	350.0
DMART	BUY	3978	3900	4100	4200

1. AHPC: STRONG BULLISH INDICATORS POINT TO OPPORTUNITY

AHPC, a player in the Hydro Power sector, has emerged as a potential buy today with strong bullish signals. The stock has shown a notable daily gain of 6.89%, reflecting positive momentum. Technical analysis suggests a medium-risk entry, making it an attractive opportunity for investors looking to capitalize on the bullish trend.

Key Technical Details:

Technical Summary: Strong Bullish

Technical Entry Risk: Medium Risk

Sector: Hydro Power

Daily Gain: 6.89%

LTP: Rs. 252.9

Daily Volatility: 3.47%

PRICE RELATIVE: 60.00%

3M TREND: Bullish

RSI 14: 66.43

MACD VS Signal Line: Bullish

%B: 50.11

Investment Recommendation: Based on our technical analysis, AHPC is positioned for potential growth. We recommend a BUY action with an entry point at Rs. 252.9 and a stop loss at Rs. 240.0. Targets are set at Rs. 265.0 and Rs. 280.0, with a suggested holding period of 1 week.

2. BHDC: EMBRACING A STRONG BULLISH TREND

BHDC, a key player in the Hydro Power sector, is currently showcasing a robust bullish trend with a notable daily gain of 9.61%. This signals a high potential for positive momentum and presents an opportunity for investors seeking a position in a sector with strong upward movement.

Key Technical Details:

Technical Summary: Strong Bullish

Technical Entry Risk: High Risk

Sector: Hydro Power

Daily Gain: 9.61%

LTP: Rs. 502

Daily Volatility: 4.18%

PRICE RELATIVE: 98.14%

3M TREND: Bullish

RSI 14: 80.26

MACD VS Signal Line: Bullish

%B: 81.14

Investment Recommendation: BHDC is on a strong bullish trajectory, and we recommend a BUY action with an entry point at Rs. 502 and a stop loss at Rs. 480. Targets are set at Rs. 530 and Rs. 560, with a suggested holding period of 1 week.

3. DLBS: MICROFINANCE GEM WITH STRONG BULLISH INDICATORS

DLBS, operating in the Microfinance sector, is presenting itself as a microfinance gem with strong bullish signals. The stock has recorded a substantial daily gain of 9.96%, highlighting its potential for growth. Investors seeking exposure to the microfinance sector may find DLBS an attractive addition to their portfolio.

Key Technical Details:

Technical Summary: Strong Bullish

Technical Entry Risk: Low Risk

Sector: Microfinance

Daily Gain: 9.96%

LTP: Rs. 1015.00

Daily Volatility: 6.37%

PRICE RELATIVE: 98.60%

3M TREND: Bullish

RSI 14: 70.07

MACD VS Signal Line: Bullish

%B: 18.13

Investment Recommendation: DLBS is a microfinance stock poised for growth. We recommend a BUY action with an entry point at Rs. 1015.00 and a stop loss at Rs. 980. Targets are set at Rs. 1080.00 and Rs. 1150.00, with a suggested holding period of 1 week.

4. DORDI: HYDRO POWER STOCK SHOWING STRONG BULLISH INDICATORS

DORDI, a player in the Hydro Power sector, is exhibiting strong bullish signals with a low daily gain of 0.03%. Despite the modest daily gain, the technical indicators support a bullish outlook, making it an intriguing option for investors interested in the Hydro Power sector.

Key Technical Details:

Technical Summary: Strong Bullish

Technical Entry Risk: Low Risk

Sector: Hydro Power

Daily Gain: 0.03%

LTP: Rs. 314.1

Daily Volatility: 3.22%

PRICE RELATIVE: 96.28%

3M TREND: Bullish

RSI 14: 75.02

MACD VS Signal Line: Bullish

%B: 18.64

MFI 14: N/A

Investment Recommendation: DORDI is a Hydro Power stock with strong bullish indicators. We recommend a BUY action with an entry point at Rs. 314.1 and a stop loss at Rs. 300. Targets are set at Rs. 330.0 and Rs. 350.0, with a suggested holding period of 1 week.

5. DMART: CAPITALIZING ON RETAIL OPPORTUNITIES

DMART, a prominent player in the Retail sector, is indicating strong bullish signals with a moderate daily gain of 2.11%. The technical indicators support a positive outlook for the stock, making it an appealing option for investors seeking exposure to the retail industry.

Key Technical Details:

Technical Summary: Strong Bullish

Technical Entry Risk: Low Risk

Sector: Retail

Daily Gain: 2.11%

LTP: Rs. 3978

Daily Volatility: 1.82%

PRICE RELATIVE: 88.89%

3M TREND: Bullish

RSI 14: 67.19

MACD VS Signal Line: Bullish

%B: 52.40

Investment Recommendation: DMART is well-positioned in the retail sector. We recommend a BUY action with an entry point at Rs. 3978 and a stop loss at Rs. 3900. Targets are set at Rs. 4100 and Rs. 4200, with a suggested holding period of 1 week.