By soumyaranjanb447 
Transformers and Rectifiers (India), Home First Finance Company India, General Insurance Corporation of India, PCBL Chemical, and Quess Corp. are the seven breakout shares that Sumeet Bagadia advised purchasing today.
Breakout stocks to buy or sell: The Sensex and Nifty 50, two domestic equity benchmarks, recorded weekly gains of roughly 4.2% on Friday, continuing their upward trajectory for the fifth straight session. For the first time in more than four years, the NSE Nifty 50 index recorded its biggest weekly gain.
Both indices reached six-week highs on Friday, with the BSE Sensex rising 0.73% to reach 76,905.51 and the NSE Nifty 50 rising 0.69% to close at 23,350.4. In the meantime, during the session, the BSE mid-cap index gained 1.14% and the small-cap index jumped 2.05%.
The breakout stock recommendations of Sumeet Bagadia
After the Nifty 50 and the BSE Sensex saw their biggest weekly gains in the preceding four years, Choice Broking Executive Director Sumeet Bagadia thinks that the mood of the Indian stock market is improving.
“The Nifty today is looking all set to touch 23,800 and 24,200 soon,” Bagadia said in reference to the Indian stock market’s outlook. Therefore, one should consider purchasing stocks that appear to be strong based on the technical chart. Breakout stocks can also be examined for intraday trading.
Transformers and Rectifiers (India), Home First Finance Company India, General Insurance Corporation of India, PCBL Chemical, and Quess Corp. are the seven breakout shares that Sumeet Bagadia advised purchasing today.
Stocks to buy today
1] Transformers and Rectifiers (India): Buy at ₹487.05, target ₹520, stop loss ₹470;
2] Home First Finance Company India: Buy at ₹1104.6, target ₹1180, stop loss ₹1065;
3] General Insurance Corporation of India: Buy at ₹443.1, target ₹475, stop loss ₹425;
4] PCBL Chemical: Buy at ₹423.05, target ₹455, stop loss ₹410;
5] Quess Corp: Buy at ₹683.05, target ₹730, stop loss ₹655.
Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Times of Dalal Street. 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.