Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 19 December
Live MintBreakout stocks to buy or sell: Following weak global cues ahead of the US Fed meeting outcome, the Indian stock market ended lower for the third straight session on Wednesday. Sumeet Bagadia's breakout stock recommendations Sumeet Bagadia, Executive Director at Choice Broking, believes that overall Indian stock market bias is cautious as the Nifty 50 index has decisively broken below the 50-DEMA zone. Regarding breakout stocks to buy today, Sumeet Bagadia recommended buying these five shares: ACE, KPR Mill, Westlife Foodworld, Radico Khaitan, and Clean Science and Technology. Stocks to buy today 1] ACE: Buy at ₹1502.80, target ₹1608, stop loss ₹1450; 2] KPR Mill: Buy at ₹1128.50, target ₹1208, stop loss ₹1089; 3] Westlife Foodworld: Buy at ₹836.20, target ₹895, stop loss ₹806; 4] Radico Khaitan: Buy at ₹2553.20, target ₹2730, stop loss ₹2464; and 5] Clean Science and Technology: Buy at ₹1471.15, target ₹1574, stop loss ₹1420.