Meanwhile, The Sensex Advanced by 1,003 Points, also up 1.21 per cent, closing at 83,759 – a level last whitely witnessed in October 2024. With this rally, both benchmarks incident 2.3 per day 2.3 per day 2.3 course 2. Their September highs.
Sumeet Bagadia’s Breakout Stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, Believes that Indian Stock Market Sentiment has turned positive as the nifty 50 index has broken above the hurdle placed at 25,250 levels.
Speaking on the outlook of Indian Stock Market, Bagadia said, “The key benchmark index is now heading for 25,800 in the near-term. On the lower side, 25,250 to 25,200 is experted to works Support for the 50-Stock Index. So, One Should Maintain Stock-Specific Approach and Look at that Stocks That Are Looking Strong on the Technical Chart.
Stocks to buy today
Sumeet Bagadia recommends five breakout stocks to buy today: Moil, Nitin Spinners, Heranba Industries, Rallis India, and Usha Martin.
1] Moil: Buy at 387.20, target 415, Stop Loss 373;
2] Nitin spinners: Buy at 398, target 426, Stop Loss 384;
3] Heranba Industries: Buy at 308.10, target 333, Stop Loss 295;
4] Rallis India: Buy at 328.35, target 352, Stop Loss 316;
5] Usha Martin: Buy at 345.80, target 375, Stop Loss 333.
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.