Latest news with #Bagadia


Mint
a day ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 30 July 2025
Breakout stocks to buy or sell: The Indian stock market is expected to open on a tepid note Wednesday, following weak cues from global markets. The trends on Gift Nifty also signal a muted opening for the benchmark indices, Sensex and Nifty 50. On Tuesday, the equity market saw a short-covering rally and the Nifty 50 ended above 24,800 level. The Sensex gained 446.93 points, or 0.55%, to close at 81,337.95, while the Nifty 50 settled 140.20 points, or 0.57%, higher at 24,821.10. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market mood has improved as the Nifty 50 index witnessed sharp rebound after inching close to its crucial support levels in 24,600 to 24,500 range. 'Nifty 50 index has ended around 24,800 and it would need to close above 24,900 to improve the bias. Till then, one should maintain a stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option,' Bagadia said. Sumeet Bagadia recommends five breakout stocks to buy today: Le Travenues Technology, Vimta Labs, Belrise Industries, Stallion India Fluorochemicals and Rallis India shares. 1] Le Travenues Technology: Buy at 231.36; Target Price ₹ 250; Stop Loss ₹ 223 2] Vimta Labs: Buy at ₹ 729.85; Target Price ₹ 760; Stop Loss ₹ 685 3] Belrise Industries: Buy at ₹ 131.79; Target Price ₹ 142; Stop Loss ₹ 127 4] Stallion India: Buy at ₹ 121.90; Target Price: ₹ 131; Stop Loss ₹ 117 5] Rallis India: Buy at ₹ 380.20; Target Price ₹ 410; Stop Loss ₹ 366 Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
2 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 29 July 2025
Breakout stocks buy or sell: The Indian stock market extended its losing streak for the third straight session on Monday, July 28, closing in the red amid continued pressure from heavy FPI outflows, disappointing corporate earnings, and ongoing uncertainty surrounding India-US trade discussions. The Sensex ended the day 572 points, or 0.70%, lower at 80,891.02, while the Nifty 50 declined by 156 points, or 0.63%, to settle at 24,680.90. Meanwhile, the broader markets also witnessed a downturn, with the BSE Midcap index slipping 0.73% and the Smallcap index dropping 1.31%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market mood has further weakened as the Nifty 50 index has slipped below 24,700 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index has crucial support placed at 24,500 and it is facing resistance at 24,900. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." 1] Jagsonpal Pharmaceuticals: Buy at ₹ 287.8, target ₹ 308, stop loss ₹ 277; 2] Sterlite Technologies: Buy at ₹ 126.2, target ₹ 135, stop loss ₹ 122; 3] Cartrade Tech: Buy at ₹ 2066.9, target ₹ 2200, stop loss ₹ 1980; 4] Vijaya Diagnostic Centre: Buy at ₹ 1141.35, target ₹ 1222, stop loss ₹ 1100; 5] Advait Energy Transitions: Buy at ₹ 2316, target ₹ 2500, stop loss ₹ 2222. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
3 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 28 July 2025
Breakout stocks buy or sell: The Indian stock market extended its losing streak for a second consecutive session on Friday, July 25, as selling pressure persisted. Benchmark indices — the Sensex and Nifty 50 — posted significant losses, with mid- and small-cap stocks tumbling by up to 2 per cent. During the session, the Sensex dropped 786 points, nearly 1 per cent, to hit an intraday low of 81,397.69, while the Nifty 50 declined 1 per cent to reach 24,806.35. At the close, the Sensex had fallen 721 points, or 0.88 per cent, to settle at 81,463.09, and the Nifty 50 finished 225 points lower, or 0.90 per cent down, at 24,837. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has slipped below the 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index may try to test 24,700 to 24,650 levels. However, the next crucial support for the 50-stock index is placed at 24,500. On the upper side, 25,050 may act as crucial hurdle. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." 1] Hubtown: Buy at ₹ 315.75, target ₹ 340, stop loss ₹ 305; 2] Home First Finance Company India: Buy at ₹ 1479, target ₹ 1600, stop loss ₹ 1425; 3] Nilkamal: Buy at ₹ 1796.8, target ₹ 1920, stop loss ₹ 1730; 4] Jagsonpal Pharmaceuticals: Buy at ₹ 263.3, target ₹ 285, stop loss ₹ 255; 5] Le Travenues Technology: Buy at ₹ 219.88, target ₹ 240, stop loss ₹ 212. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
6 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 25 July 2025
Breakout stocks buy or sell: Indian stock market indices — the Sensex and Nifty 50 — continued their losing streak on Thursday, July 24, witnessing sharp declines during intraday trading. The Sensex plunged 679 points, or 0.82 per cent, to hit an intraday low of 82,047, while the Nifty slipped 0.80 per cent to touch a low of 25,018.70. By the end of the session, the Sensex had recovered slightly but still closed 542 points, or 0.66 per cent, lower at 82,184.17. Meanwhile, the Nifty 50 settled at 25,062.10, down 158 points, or 0.63 per cent. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is positive as the Nifty 50 index is sustaining above 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing resistance at 25,250. So, bullish or bearish trend can be assumed on the breakage of either side of the range. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Vijaya Diagnostic Centre, Krishana Phoschem, Globus Spirits, Rainbow Children's Medicare, and IPCA Laboratories. 1] Vijaya Diagnostic Centre: Buy at ₹ 1098, target ₹ 1175, stop loss ₹ 1060; 2] Krishana Phoschem: Buy at ₹ 525, target ₹ 560, stop loss ₹ 506; 3] Globus Spirits Ltd: Buy at ₹ 1199.85, target ₹ 1280, stop loss ₹ 1160; 4] Rainbow Children's Medicare: Buy at ₹ 1623.9, target ₹ 1730, stop loss ₹ 1570; 5] IPCA Laboratories: Buy at ₹ 1540.8, target ₹ 1640, stop loss ₹ 1486. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
24-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 24 July 2025
Breakout stocks buy or sell: Benchmark indices, Sensex and Nifty 50, posted solid gains on Wednesday, July 23, driven by favorable global cues and buying interest in select heavyweight stocks such as HDFC Bank and ICICI Bank. The Sensex surged 540 points, or 0.66 per cent, to close at 82,726.64, while the Nifty 50 advanced 159 points, or 0.63 per cent, to settle at 25,219.90. The BSE Midcap index registered a rise of 0.24 per cent, and the Smallcap index ended marginally higher with a 0.05 per cent gain. Sumeet Bagadia, Executive Director at Choice Broking, believes that the improved sentiment of the Indian stock market is still intact as the Nifty 50 has been sustaining above 25,000 levels after bouncing back from the 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,250 and it needs to breach this resistance for further improvement in Dalal Street mood. On breaking above 25,250 in a closing basis, we can expect the 50-stock index touching 25,500 and 25,700 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Mangalore Refinery and Petrochmcls, JM Financial, Radhika Jeweltech, Parag Milk Foods, and Paradeep Phosphates. 1] Mangalore Refinery and Petrochmcls: Buy at ₹ 155.15, target ₹ 166, stop loss ₹ 149; 2] JM Financial: Buy at ₹ 179.59, target ₹ 195, stop loss ₹ 173; 3] Radhika Jeweltech: Buy at ₹ 103.08, target ₹ 112, stop loss ₹ 99; 4] Parag Milk Foods: Buy at ₹ 253.6, target ₹ 272, stop loss ₹ 244; 5] Paradeep Phosphates: Buy at ₹ 200.15, target ₹ 215, stop loss ₹ 193. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.