Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 January 2025
Live MintBreakout stocks to buy or sell: Despite weakness in the Asian stock market, the Indian stock market witnessed strong buying during Thursday's trading. Sumeet Bagadia's breakout stock recommendations Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market bias has improved after the strong upside movement on Thursday. Speaking on the outlook for the Indian stock market today, Sumeet Bagadia said, "After the strong show by Dalal Street bulls on Thursday, the Indian stock market bias has improved. Regarding breakout stocks to buy today, Sumeet Bagadia recommended buying these five shares: Apollo Micro Systems, Reliance Infrastructure, DCX Systems, FSL, and Transformers and Rectifiers. Stocks to buy today 1] Apollo Micro Systems: Buy at ₹123.96, target ₹133, stop loss ₹119; 2] Reliance Infrastructure: Buy at ₹322.65, target ₹345, stop loss ₹311; 3] DCX Systems: Buy at ₹393, stop loss ₹355; 4] Firstsource Solutions Limited or FSL: Buy at ₹394.50, target ₹422, stop loss ₹380; and 5] Transformers and Rectifiers : Buy at ₹1230, target ₹1300, stop loss ₹1186.