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Five breakout stock picks highlighted as Nifty sustains above 26,000
Sumeet Bagadia sees sustained strength above 26,000 and recommends five technically strong stocks for a stock-specific trading approach.
Market sentiment remained firm on December 22 as Indian equities extended gains for a second straight session, supported by a stronger rupee and positive global cues. Against this backdrop, Choice Broking’s Sumeet Bagadia said the Nifty 50 holding above the 26,000 mark signals improving technical strength and opens the door for selective opportunities. He expects the index to gradually move toward the 26,450 zone and advised a stock specific approach.