If you are planning to invest in the stock market, it is necessary to monitor the breakout stocks. Share market experts Sumit Bagadia (Choice Broking) and Vaishali Parekh (Prabhudas Liladhar) have recommended some of the best stocks for today, with strong upside potential.
Sumit Bagadia’s top 5 breakout stocks
1. DOMS Industries Ltd
- Buy: ₹ 2766.60
- Target: ₹ 2940
- Stop Loss: ₹ 2651
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2. Emami Ltd
- Buy: ₹ 568.15
- Target: ₹ 606
- Stop Loss: ₹ 546
3. Sanofi SA (Sanofi SA)
- Buy: ₹ 5660.55
- Target: ₹ 5962
- Stop loss: ₹ 5377
4. Gujarat Fluorochemicals
- Buy: ₹ 3817.45
- Target: ₹ 4084
- Stop loss: ₹ 3683
5. Carborundum Universal
- Buy: ₹ 948.50
- Target: ₹ 1015
- Stop Loss: ₹ 915
Top 3 Stocks of Vaishali Parekh
1. NCC LTD
- Buy: ₹ 184
- Target: ₹ 200
- Stop Loss: ₹ 178
2. CG Power (CG Power & Industrial Solutions Ltd)
- Buy: ₹ 608
- Target: ₹ 630
- Stop Loss: ₹ 590
3. Indian Oil Corporation (IOC)
- Buy: ₹ 124
- Target: ₹ 130
- Stop Loss: ₹ 120
Will investing in these stocks be beneficial?
Technical Breakout: These stocks are selected based on chart patterns and volume brakeouts.
Short-Term Upside: These are likely to make good profits from a few days to a few weeks.
Follow Stop Loss: Investors should strictly follow the stop loss for safety.