Top Stock Picks: Mahindra Logistics and More – Sumeet Bagadia Recommends 5 Breakout Stocks Today

Stocks to Watch: Despite some profit-taking last Friday, the Indian stock market finished the week strong. The Nifty 50 index gained about 800 points, the BSE Sensex added over 2,000 points, and the Bank Nifty index rose by more than 1,000 points. Sumeet Bagadia, Executive Director at Choice Broking, believes that the market will continue its upward trend. He suggests focusing on specific breakout stocks that show promising patterns on the charts.

Breakout Stocks to Consider Today:

1. Indian Terrain Fashions
   • Buy at: ₹75.40
   • Target: ₹79
   • Stop Loss: ₹72.75
     
2. Vardhman Holdings
   • Buy at: ₹4043.35
   • Target: ₹4250
   • Stop Loss: ₹3900
     
3. OCCL
   • Buy at: ₹810
   • Target: ₹850
   • Stop Loss: ₹780
     
4. ADSL
   • Buy at: ₹182.70
   • Target: ₹192
   • Stop Loss: ₹175
     
5. Mahindra Logistics
   • Buy at: ₹525
   • Target: ₹550
   • Stop Loss: ₹505

Market Outlook: Sumeet Bagadia notes that the Nifty 50 index staying above 24,000 is a positive sign. If it remains above 23,900 on Monday morning, it could reach 24,500 soon. He advises focusing on specific stocks, as many major indices and blue-chip stocks are already at high levels. Breakout stocks, in particular, may continue to rise if the market stays positive or stable.