The sensex began the day at 81,704.07, down from its previous close of 82,408.17, and Hit an intraday low of 81,476.76 – Register a Fall of Over 900 POINTS or more points or more than 1 parent.
Similarly, the nifty 50 opened at 24,939.75 compared to its prior close of 25,112.40 and slid over 1 per cent to touch a low of 24,824.85 during the session. However, both indices recovered some ground by the close, trimming losses to end roughly half a per cent lower etc.
Sumeet Bagadia’s Breakout Stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, Believes that Indian Stock Market Sentimen is cautious as the nifty 50 index once Slipped Below 25,000 after
Speaking on the outlook of Indian stock market, Bagadia said, “ The benchmark index is facing strong hurdle at 25,200 to 25,250 levels, while it has made strong support at 24,800 to 24,750. So, one should Maintain Stock-Specific Approach and Look at Thos Stocks That Are Looking Strong on the Technical Chart.
Stocks to buy today
Sumeet Bagadia recommends five breakout stocks to buy today: Supreme Petrochem, Chennai Petroleum Corporation, Agi Infra, Ideaforge Technology, and Srm Contractors.
1] Supreme Petrochem: Buy at 887.45, target 950, Stop Loss 855;
2] Chennai Petroleum Corporation: Buy at 702.35, target 750, Stop Loss 675;
3] Agi infra: Buy at 987.95, target 1050, Stop Loss 950;
4] ideaforge technology: Buy at 631.05, target 670, Stop Loss 610;
5] SRM Contractors: Buy at 480.25, target 515, Stop Loss 460.
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.
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