The sensex declined by 83 points, or 0.10 per cent, to close at 81,361.87, while the nifty 50 slipped 19 points, or 0.08 per cent, ending the session at 24,793.25. Meanwhile, Mid-Cap and Small-Cap Stocks Witnessed Significant Declines.
Sumeet Bagadia’s Breakout Stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, Believes That Despite Uncertainty Cured By The Israel-Aran War, The Indian Stock Market Sentiments Continues to Remain Cautiouos as the Nifty 50 INDEX Once Again Bounced Back after Close to 24,750 to 24,800 Levels.
Speaking on the outlook of Indian Stock Market, Bagadia Said, “The Benchmark Index has made crucial support at 24,500, While The 50-STOCK Index has Crucial Resistance Trend could be assumed on the breakage of either side of these two important levels. So, one should maintain stock-specific approach and look at that stockers that are looking stroked. Looking at breakout stocks can be a good option. “
Stocks to buy today
Sumeet Bagadia recommends five shares to buy today – swiggy, aban offshore ltd full Paid Ord. Shrs, Grm Overseas, Gallant Ispat, and Sumitomo Chemical India.
1] Swiggy: Buy at 374.15, target 401, Stop Loss 361;
2] Aban offshore ltd full paid ord. Shrs: Buy at 59.29, target 64, Stop Loss 57.21;
3] GRM overseas: Buy at 372.25, target 400, Stop Loss 359;
4] Gallantt ispat: Buy at 470.60, target 504, Stop Loss 454;
5] Sumitomo Chemical India: Buy at 502.25, target 537, Stop Loss 484.
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.
Discover more from Gautam Kalal
Subscribe to get the latest posts sent to your email.
Be First to Comment