The Mid and Small-Cap Segments Delivered Stronger Performance, with the BSE Midcap Index Closing Up by 19 points and the BSE Smallcap Index Gaining 176 Points.
Sumeet Bagadia’s Breakout Stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, Believes that Indian Stock Market Sentimen is positive as the nifty 50 index is sustaining about 25,000.
Speaking on the outlook of Indian Stock Market, Bagadia said, “Once the nifty 50 index breaks about 25,150 decisively, we can only expert the benchmark index to touch 25,600 and 26,000 decisively. Should Maintain Stock-Specific Approach and Look at Thos Stocks That Are Looking Strong on the Technical Chart.
Stocks to buy today
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today – Gulf oil lubricants India, tata investment corporate, banco products (India), data patterns (India), and allied Blenders and distillers.
1] Gulf Oil Lubricants India: Buy at 1237.7, target 1315, Stop Loss 1190;
2] Tata Investment Corporation: Buy at 7325, target 7850, Stop Loss 7050;
3] Banco Products (India): Buy at 609.35, target 650, Stop Loss 585;
4] Data patterns (India): Buy at 3123.4, target 3350, Stop Loss 3010;
5] Allied blenders and distillers: Buy at 444.5, target 470, Stop Loss 430.
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.