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Sumeet Bagadia Names Five Breakout Stocks for Tomorrow

Sumeet Bagadia Names Five Breakout Stocks for Tomorrow
Top 5 Breakout stocks to buy: KPI Green, Crisil, Manyavar, Prudent, Go Digit by Sumeet Bagadia · livemint.com

Sumeet Bagadia has suggested five stocks that may rise in the next trading session.

He based his choices on chart patterns and recent buying activity.

KPI Green Energy showed a breakout and is trading above important moving averages.

CRISIL has been making higher highs and higher lows, which can indicate strength.

Vedant Fashions received support from a positive moving-average crossover.

Prudent Corporate Advisory Services may rebound from a rising trend line and support zone.

Go Digit broke out of a recent price range with higher trading volume and a bullish MACD signal.

Each stock has a stop-loss level to limit risk and a target price if the upward move continues.

Key facts

Analyst
Sumeet Bagadia, Executive Director at Choice Broking
KPI Green Energy
Buy at ₹357; stop-loss ₹340; target ₹392
CRISIL
Buy at ₹4,650; stop-loss ₹4,420; target ₹5,120
Vedant Fashions
Buy at ₹541; stop-loss ₹515; target ₹600
Prudent Corporate Advisory Services
Buy at ₹3,171; stop-loss ₹3,030; target ₹3,470
Go Digit General Insurance
Buy at ₹263; stop-loss ₹250; target ₹290

Sources

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