As the global trade tension persists the Indian Stock Market continues to stay volatile. Wednesday Nifty was up by 141 points which is intraday low and ended at 22,470 points. Whic is still 0.12% lower from the previous close. Similarly, BSE Sensex was down by 0.10% and closed at 74,030.
Stocks to buy today by Sumeet Bagadia
According to Sumeet Bagadia, Executive Director at Choice Broking, the Indian Stock Market sentiment is currently positive but very cautious. Nifty index could bounced back close to 23,300. As it is taking support in 23,300 and 23250.
What are the stocks that have the potential to breakout today? Let’s check Sumeet Bagadia’s recommendation with the entry price, selling price, and stop loss.
Breakout Stocks by Sumeet Bagadia
1. GRM Overseas: These shares can be bought at Rs 270.5 and Target Price for selling will be Rs 289. There should be a stop loss at Rs 261.
2. NLC India: the second recommendation of the day is NLC India. These shares could be purchased at Rs 229.31 and target price for selling will be at Rs 245. Do remember to keep a stop loss at Rs 221.
3. Camlin Fine Science: Another good stock that can break out today is Camlin Fine Science. These shares could be purchased at Rs 171.75 and target price for selling will be Rs 184. Also, investors are advised to keep a stop loss at Rs 166.
4. Krishna Institute of Medical Sciences: These shares can be purchased at Rs 549.70 and target price for selling will be at Rs 588. It is also advised to keep a stop loss at Rs 530.
5. PTC India: last recommendation for today by Sumeet Bagadia is PTC India. These shares can be purchased at Rs 155.08 and could be sold at a target price of Rs 166. Do remember to keep a stop loss at Rs 150.
All the information given above is for information only, these are individual analyst views. Investors are advised to consult their certified experts before making any investment-related decision.
