Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 18 March 2025

Breakout stocks to buy or sell: The Indian stock market rebounded following last week’s volatility, on Monday. Financials, pharmaceuticals, and automotive sectors posted significant gains, leading to an overall market uplift.

Amidst the recent market trends, the Nifty 50 index rose by 0.50 per cent to close at 22,508 points, halting a two-day decline. Similarly, the Sensex increased by 0.46 per cent, ending at 74,169 points, breaking a five-day losing streak.

Sumeet Bagadia’s breakout stock recommendations

Sumeet Bagadia, Executive Director at Choice Broking, believes that the overall the Indian stock market sentiment is sideways as the Nifty 50 index is trading in a tight 22,300 to 22,600 range for nearly two weeks.

Speaking on the outlook of Indian stock market, Bagadia said, “The frontline index is in a broad range of 22,000 to to 22,800. Bullish or bearish trend can be assumed in the breakage of either side of the range. So, one should maintain stock-specific approach and look at those stocks that are looking strong. One can look at breakout stocks for intraday trading as well.”

Sumeet Bagadia recommended buying these five breakout shares to buy today – E I D-Parry (India), Kamat Hotels (India), Krishna Institute Of Medical Sciencs, UNO Minda, and Royal Orchid Hotels.

Stocks to buy today

1] E I D-Parry (India): Buy at 720.60, target 771, stop loss 695;

2] Kamat Hotels (India): Buy at 338.10, target 362, stop loss 326;

3] Krishna Institute Of Medical Sciencs: Buy at 595.60, target 637, stop loss 575;

4] UNO Minda: Buy at 935.5, target 1001, stop loss 902;

5] Royal Orchid Hotels: Buy at 408.05, target 437, stop loss 394.

Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

    Related Posts

    CME feeder cattle futures rise on expectations of low supply

    CHICAGO, March 18 (Reuters) – Chicago Mercantile Exchange feeder cattle futures firmed Tuesday on expectations that the U.S. Department of Agriculture’s upcoming monthly cattle on feed report would show decreased…

    US junk bond spreads to widen more if recession fears persist

    The credit spread for junk bonds, the premium companies pay over risk-free Treasuries, recently widened to the most in six months and could rise further as investors worry about how…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Ola Electric may lose subsidy benefit if e-scooter registration delays spill over to FY26

    Vodafone Idea’s 5G rollout comes with a side of satellite internet FOMO

    Companies News Today Live Updates on March 19, 2025: Vodafone Idea’s 5G rollout comes with a side of satellite internet FOMO

    Cramer explains why investors are no longer paying up for AI stocks

    Solana Foundation Deletes Controversial Ad After Crypto Community Backlash

    Solana Foundation Deletes Controversial Ad After Crypto Community Backlash

    CME feeder cattle futures rise on expectations of low supply