Sumeet Bagadia recommends five breakout stocks to buy Friday

On August 6, 2026, Indian stock markets were mostly quiet and did not move very much.

Investors were waiting for news about a possible peace deal in the Middle East.

A stock expert named Sumeet Bagadia from a company called Choice Broking shared his ideas about five companies.

He said people could buy shares of Kalyan Jewellers India, Bharat Dynamics, Union Bank of India, Garden Reach Shipbuilders & Engineers, and Biocon.

For each share, he gave a buy price, a target price the share might reach, and a stop loss price to sell if it falls too much.

He thinks these shares could rise because of positive patterns in their price charts.

The main stock indices, Nifty 50 and Sensex, ended the day nearly unchanged or slightly higher.

Bagadia believes the market is taking a small break after a recent sharp rally.

He said Nifty might stay within a range of about 24,400 to 24,800 unless a decisive breakout happens.

Stop losses act like safety nets so investors do not lose too much money.