Expert Recommends Five Breakout Stocks to Consider Buying Today

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Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Whirlpool Of India, Vishal Mega Mart, Manappuram Finance, L&T Finance, and Hindware Home Innovation.

Indian stock markets continued their winning streak for the fourth consecutive session, driven by the recent 50 basis point repo rate cut by the Reserve Bank of India.

The Sensex closed at 82,445.21, up by 0.31%, while the Nifty ended at 25,103.20, rising by 0.40%. Most Nifty sectoral indices closed positively, except for Nifty Realty. Nifty Financial Services Ex-Bank led the gains, with Nifty PSU Bank and Nifty Oil & Gas following closely.

Sumeet Bagadia, Executive Director at Choice Broking, is optimistic about the Indian stock market sentiment, especially as the Nifty 50 index remains above 25,000. Bagadia suggests a stock-specific approach, focusing on technically strong stocks and breakout opportunities.

Bagadia recommends five stocks to consider buying today: Whirlpool Of India, Vishal Mega Mart, Manappuram Finance, L&T Finance, and Hindware Home Innovation.

  • Whirlpool Of India: Buy at ₹1354.70, target ₹1410, stop loss ₹1300;
  • Vishal Mega Mart: Buy at ₹131.01, target ₹141, stop loss ₹126;
  • Manappuram Finance: Buy at ₹264.80, target ₹283, stop loss ₹255;
  • L&T Finance: Buy at ₹193, target ₹207, stop loss ₹186;
  • Hindware Home Innovation: Buy at ₹284.30, target ₹305, stop loss ₹271.


Source: Mint
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