Sumeet Bagadia recommends breakout stocks as Indian markets trade flat

A stock market expert named Sumeet Bagadia helps Indian investors by telling them which company shares might be good to buy.

For Tuesday, August 11, he picked five companies: Suven Life Sciences, Poly Medicure, Raghav Productivity Enhancers, Steel Strips Wheels, and Brigade Enterprises.

The week before, he had also picked five other companies: Physicswallah, Grasim Industries, Fortis Healthcare, BEML, and Honasa Consumer.

For each company, he says the price to buy at, the target price he thinks the share can reach, and a stop-loss price to sell at if it drops so people do not lose too much money.

Around this time, the Indian stock market was mostly calm and moving sideways.

On Friday, August 7, prices fell a little because oil went up in price and there was worry about the Strait of Hormuz and peace talks in the Middle East.

On Monday, August 10, the market ended almost flat, going up just a tiny bit after a very jumpy day.

The expert expects the market to keep moving sideways, with support at 24,500 and a hurdle at 24,650.

If prices climb above 24,650, they could rise further; if they fall below 24,500, prices might drop.

Buying stocks is risky, which is why experts also tell investors to use stop losses and manage their risk carefully.