To buy or sell breakout stock: Sumate Bagadia recommends five shares to buy today – 21 April 2025

Buy breakout stock or sell: Nifty 50 increased by 1.8%, closed at 23,851.65, while the BSE Sensex climbed 1.96% to end at 78,553.2 before Good Friday’s holiday.

Both benchmarks recorded a growth of 4.5% for the holiday-shorted week, performing better than most of the major Asian markets, which lagged behind due to concerns over American tariffs and their possible impacts on global economic growth.

ICICI Bank And HDFC BankThe most influential shares of the Nifty Index jumped at 7.2% and 5.5% respectively during the week, killing the record high before their earning report prescribed for the weekend.

Sumit Bagadia’s breakout stock recommendations

Choice Broking Executive Director Sumit Bagadia believes that the Indian stock market spirit is strong as the Nifty 50 index has decisively given a new breakout above 200-Dema levels which is placed on 23,400.

Speaking on the approach to the Indian stock market, Bagadia said, “The benchmark index is designed to touch 24,200 in the short term. However, some profit can be booked in frontline banking stocks as the Nifty Bank Index is trading above all DEMA levels. Therefore, those shares should see which look strong on technical charts.

Breakout stock to buy or sell: Sumit Bagadia today recommended five shares to buy Kis-five star business finance, India glycols, Simplex infrastructure, CSB BankAnd Cholamandalam Financial Holdings,

Stock to buy today

1]Five star trade finance: Buy on 789.8, target 845, loss stop 760;

2] India glycols: Buy on 1425.5, target 1530, loss stop 1375;

3] Simplex infrastructure: Buy on 326.6, target 350, loss stop 315;

4] CSB Bank: Buy on 343.8, target 366, loss stop 330;

5]Cholamandalam Financial Holdings: Buy on 1872.9, target 2000, Stop Loss 1810.

Rejuvenation: The ideas and recommendations provided in this analysis belong to individual analysts or broking companies, not mints. We recommend investors to consult certified experts before making any investment decisions, as market conditions may change rapidly and individual conditions may be different.