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Sumeet Bagadia Recommends Five Breakout Stocks to Buy Wednesday

Sumeet Bagadia Recommends Five Breakout Stocks to Buy Wednesday
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 12 August 2026 · livemint.com

On Tuesday, the stock market in India went down a little bit.

Two big stock lists, the Sensex and the Nifty 50, lost some value because many investors sold shares to lock in profits.

People were also worried because the price of crude oil was rising, and there was uncertainty about ships passing through the Strait of Hormuz and whether the US and Iran would sign an agreement.

A stock market expert named Sumeet Bagadia works at a company called Choice Broking.

He looked at charts and picked five companies he thinks are good to buy on Wednesday, 12 August.

The five companies are Affle 3i, Dynamic Cables, Thyrocare Technologies, Sanathan Textiles, and Aether Industries.

For each stock, he gave a buy price, a target price he thinks it could reach, and a stop loss price to protect money if the stock falls.

He also said the Nifty has support around 24,300 to 24,380, and staying above that could keep the market's recovery going.

Stock advice is not a promise, so prices could still go down.

Key facts

Sensex close
78,154.25 (-388 points, -0.49%)
Nifty 50 close
24,471.70 (-112.10 points, -0.46%)
Bank Nifty close
57,446.25 (-240.70 points, -0.42%)
Analyst
Sumeet Bagadia, Executive Director, Choice Broking
Top pick
Affle 3i: Buy ₹1,677, Target ₹1,800, Stop Loss ₹1,595
India VIX
11.8550
Nifty support band
24,300-24,380
Nifty resistance band
24,575-24,650

Quotes

Sumeet Bagadia

Executive Director at Choice Broking

““On the upside, 24,575–24,650 continues to act as the immediate hurdle, and a sustained breakout above this zone could revive short‑term bullish momentum towards higher levels.””
livemint.com
““Conversely, a decisive break below 24,300 would weaken the near‑term setup and may extend the ongoing profit‑booking phase.””
livemint.com

Sources

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