Breakout stocks to buy or sell: Sumeet Bagadia recommends four shares to buy today — 2 January 2025
Live MintBreakout stocks to buy or sell: On the first day of 2025, the Indian stock market witnessed a decent buying interest and finished green. Sumeet Bagadia's breakout stock recommendations Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market bias has improved after the pullback in the Nifty 50 index from 23,500 support. Speaking on the outlook for the Indian stock market today, Sumeet Bagadia said, "Overall, the Indian stock market bias has improved after the Nifty 50 index rebound from 23,500 support. Unveiling intraday trading strategy for Thursday, Sumeet Bagadia said, "Until the Nifty 50 index breaks above 23,850 on a closing basis, one should maintain a stock-specific approach and look at technically strong shares. Regarding breakout stocks to buy today, Sumeet Bagadia advised buying these four shares: Jindal Worldwide, NDR Auto Components, Jost's Engineering, and Savita Oil Technologies.