Breakout shares buy or sell: The benchmark indices, Sensex and Nifty 50, dropped for a second direct session on Wednesday, May 29 due to poor world signals. The Sensex dropped 239 points, or 0.29%, to sit down at 81,312,32, while the Nifty 50 74 points, or 0.30%, closed at 24,752,45. Meanwhile, the BSE Midcap index also finished in the red, dropped 0.22%, but the small cap index moved against the trend and rose 0.50%. Sumeet Bagadia’s recommendations for Breakout shares Sumeet Bagadia, executive director at Choice Broking, believe that the undertone for the Indian stock market is positive, but the Nifty 50 index is ahead of 25,000 levels. When we talk about the prospects of the Indian stock market, Bagadia said: ‘If we break above this resistance, we can expect the benchmark index to touch 25,400 soon. At the bottom, the index has strong support at 24,500 levels. So, one has to maintain the stock-specific approach and look at the shares that are strong on the technical chart. Shares to buy today Sumeet Bagadia recommends five shares to buy today – Pearl Global Industries, Sharda Cropchem, Bhagiradha Chemicals and Industries, Ppap Automotive and Deepak FrTLSRS and Ptrchmcls Corp. 1]Pearl Global Industries: Buy at £ 1422, Target £ 1515, stop loss £ 1370; 2]Sharda Cropchem: Buy at £ 730, target £ 775, stop loss £ 703; 3]Bhagiradha Chemicals and Industries: Buy at £ 327.8, target £ 350, stop loss £ 315; 4]PPAP Automotive: Buy at £ 224.27, target £ 239, stop loss £ 216; 5]Deepak FRTLSRS and PTRChMCLS CORP: Buy at £ 1444.7, target £ 1550, stop loss £ 1400. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or brokerage companies. We strongly advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and individual circumstances can differ.
Breaking supplies to buy or sell: Sumeet Bagadia recommends five shares to buy today – May 29, 2025 | Einsmark news
