Sumeet Bagadia Recommends Five Breakout Stocks to Buy Today – 21 February 2025
Sumeet Bagadia Recommends : Five Breakout Stocks to Buy Today – 21 February 2025The Indian stock market witnessed a downward trend on Thursday, with the BSE Sensex and Nifty 50 ending lower due to selling pressure in major banking stocks and auto giant Maruti Suzuki. The uncertainty surrounding U.S. tariff policies also played a role in dampening investor sentiment.
The BSE Sensex slipped 203.22 points (0.27%), closing at 75,735.96, while the Nifty 50 shed 19.75 points (0.09%), settling at 22,913.15. Despite the overall market sluggishness, experts believe that traders can still find opportunities in breakout stocks that show strong technical potential.
Stock Market Outlook by Sumeet Bagadia
Sumeet Bagadia, Executive Director at Choice Broking, maintains that the market remains range-bound, with Nifty trading between 22,800 and 23,300 levels. He suggests that traders should monitor stocks closely and capitalize on breakout opportunities.
“A bullish or bearish trend can be confirmed only after a breakout from either side of the range. Therefore, investors should focus on stocks that display strong technical patterns. Identifying breakout stocks for intraday trading can be an effective strategy in such market conditions,” said Bagadia.
Based on his analysis, he has recommended five stocks that have strong breakout potential for intraday trading on 21 February 2025.
Top 5 Stocks to Buy Today – 21 February 2025
Below are the five breakout stocks recommended by Sumeet Bagadia, along with their buy price, target price, and stop loss:
| Stock Name | Buy Price (₹) | Target Price (₹) | Stop Loss (₹) |
|---|---|---|---|
| Associated Alcohols & Breweries | 1,215.9 | 1,315 | 1,165 |
| Bajaj Holdings And Investment | 12,454.3 | 13,300 | 11,950 |
| Global Health (Medanta) | 1,206.4 | 1,290 | 1,165 |
| Jindal Drilling and Industries | 934.9 | 999 | 900 |
| Asahi India Glass | 714 | 760 | 688 |
Detailed Stock Analysis & Why to Buy
1. Associated Alcohols & Breweries
This liquor manufacturing company is showing a strong bullish trend on technical charts. With demand for alcoholic beverages rising and positive sectoral momentum, the stock is poised for further upside.
Key Ratios:
- P/E Ratio: 22.5
- ROE (Return on Equity): 15.8%
- 52-Week High/Low: ₹1,350 / ₹875
2. Bajaj Holdings And Investment
This stock has witnessed strong buying interest, and analysts believe it has significant upside potential. Bajaj Holdings benefits from its exposure to diverse sectors, making it a stable investment option.
Key Ratios:
- P/E Ratio: 12.8
- ROE: 18.6%
- 52-Week High/Low: ₹13,500 / ₹9,800
3. Global Health (Medanta)
With growing demand for quality healthcare services in India, Medanta has gained investor attention. The stock has given a breakout above key resistance levels, making it an attractive bet.
Key Ratios:
- P/E Ratio: 36.5
- ROE: 13.2%
- 52-Week High/Low: ₹1,350 / ₹980
4. Jindal Drilling and Industries
This oil and gas drilling company has gained momentum due to higher crude oil prices and increased offshore drilling activities. The stock is positioned for an upward breakout.
Key Ratios:
- P/E Ratio: 9.6
- ROE: 14.5%
- 52-Week High/Low: ₹1,050 / ₹720
5. Asahi India Glass
As one of the leading glass manufacturers in India, Asahi India Glass has shown steady growth in demand across automotive and real estate sectors. The stock has strong technical indicators suggesting further gains.
Key Ratios:
- P/E Ratio: 20.2
- ROE: 16.1%
- 52-Week High/Low: ₹785 / ₹600
Conclusion
With the market trading in a sideways range, investors must focus on breakout stocks to capitalize on short-term trading opportunities. Sumeet Bagadia’s recommended stocks—Associated Alcohols & Breweries, Bajaj Holdings, Global Health (Medanta), Jindal Drilling, and Asahi India Glass—have displayed strong technical patterns and are well-positioned for potential upside.
However, investors are advised to follow strict stop losses to manage risk efficiently. Keeping an eye on global cues and upcoming economic data will also help traders make informed decisions.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.