Breakout stocks to buy or sell: Due to the lack of new local market triggers and conflicting international indications on December 30, 2025, investors kept their wagers modest, causing the key Indian stock market indexes to settle flat after Tuesday’s trading session.
Indian stock market closes flat
The Nifty 50 index finished at 25,938.85 points, down 0.01% from the previous market close of 25,942.10 points. After Tuesday’s trading session, the BSE Sensex finished 0.02% down at 84,675.08 points, down from 84,695.54 points at the previous stock market closing.
Nifty 50 stock market forecast
The Nifty 50 closed down in a range-bound session, according to Sumeet Bagadia, Executive Director at Choice Broking, while technical considerations point to a waning momentum close to resistance levels.
“The Nifty 50 finished slightly down in a range-bound session on December 30, 2025, as low year-end volumes and a dearth of new triggers limited efforts to rise. According to the stock market analyst, “the index failed to sustain intraday highs, suggesting waning momentum near resistance, and the daily candlestick exhibited a minor bearish bias.”
Short-term technical structure
The Nifty kept forming lower highs on the 1-hour chart, indicating persistent short-term consolidation and frequent rejection at higher levels. According to Bagadia, “buying activity was evident on falls but lacked the power to build a prolonged comeback, leaving price movement sideways.”
The Nifty 50’s immediate resistance, according to the expert, is between 26,050 and 26,100 points. On the downside, buyers may emerge from the important support zone, which is still between 25,750 and 25,800 points.
π Market Summary
- Market Close: Nifty & Sensex ended flat
- Reason: Low volumes, no fresh domestic triggers
- Nifty Range: Support 25,750β25,800
- Resistance: 26,050β26,100
- Overall Mood: Cautious, range-bound
π Breakout Stocks to Watch
- Metal: Jindal Steel, GPIL
- FMCG: Radico Khaitan
- Banking: Indian Bank
- Power: Adani Power
- Strategy: Buy on dips with strict stop-loss
Overall market sentiment
The analyst said, “Overall, the index continues in a consolidation period with cautious sentiment dominating.”
Outlook for the stock market: Bank Nifty
Regarding the Bank Nifty forecast, Bagadia said that despite low year-end trading volumes, investors engaged in selective purchasing among banking companies, resulting in the index outperforming the overall market.
As selective purchasing appeared in heavyweight banking stocks despite low year-end volumes, BankNifty finished higher by 238.90 points on December 30, 2025, exceeding the whole market. The stock market analyst said, “The daily candlestick formed a bullish close, suggesting buying activity at lower levels and effective defense of key supports, however the advance lacked substantial volume confirmation.”
Bank Nifty technical view
Instead of displaying impulsive momentum, BankNifty moved in a range with a little upward tilt on the 1-hour chart, gradually moving higher inside the consolidation band. Because higher lows were sustained throughout the session, the structure shows short-term consolidation with a constructive undertone, according to Sumeet Bagadia.
The Bank Nifty index’s immediate resistance level, according to the market analyst, is between 59,400 and 59,500 points. Bagadia anticipates that the index will have a crucial support range of 58,800β58,900 points on the downside.
Bank Nifty outlook
According to Bagadia, “the index displays durable but cautious strength, continuing in a consolidation period with a positive tilt.”
Sumeet Bagadia’s breakout stocks
Sumeet Bagadia has suggested five breakthrough stocks to purchase today: Jindal Steel, Radico Khaitan, Indian Bank, Adani Power, Godawari Power, and Ispat.
Shares of a firm that have the potential to surpass their support and resistance levels are known as breakout stocks. These stocks often indicate a significant future price change.
Today’s breakout stocks to purchase
1. Jindal Steel Ltd. (JINDALSTEL)
Purchase at βΉ1,021.30; aim for βΉ1,093; stop at βΉ985.
After taking support at its 200-day EMA and creating a powerful bullish candle, which suggests fresh buying activity and a possible trend reversal, Jindal Steel is trading close to βΉ1,021.30 and is exhibiting early indications of a reversal.
Additionally, the stock has broken above its declining trendline, indicating that the upward trend will continue. The fact that it is trading above its 20, 50, and 200-day EMAs attests to its robust momentum. Near βΉ1,000 is the accumulation support. In order to maintain disciplined risk management, short-term traders can think about purchasing at present levels, aiming for βΉ1,093 with a stop loss at βΉ985.
2. Radico Khaitan Ltd. (RADICO)
Purchase at βΉ3,376, aim for βΉ3,615, and stop at βΉ3,257.
Radico has lately recovered from lower levels after taking support at its 20-week EMA, indicating strong buying activity and base building at lower levels. It is now trading within a wide range of βΉ3,050β3,400.
The stock is about to break out of current sideways consolidation around βΉ3,376, suggesting the possibility of an upward increase in momentum. The amount of immediate assistance is close to βΉ3,300. The RSI reading of 61.29 indicates that the trend will continue, and the stock is trading above all significant EMAs. With an upside objective of βΉ3,615 and a stop loss at βΉ3,257, short-term traders should think about purchasing.
3. Indian Bank Ltd. (INDIANB)
Purchase at βΉ809, aim for βΉ865, and stop at βΉ780.
With a powerful bullish candle that indicates fresh buying activity and bullish momentum, Indian Bank, which is now trading at βΉ809, just broke out of a short-term consolidation.
The stock is showing consistent demand at lower levels as it takes strong support close to its 20-week EMA. The immediate resistance is located around βΉ850, and any retreat is anticipated to find support around βΉ795. While maintaining disciplined risk management, short-term traders may think about taking long positions with a stop loss at βΉ780 and an upside objective of βΉ865.
4. Adani Power Ltd. (ADANIPOWER)
Purchase at βΉ144.65, aim for βΉ156, and stop at βΉ139.
At βΉ144.65, Adani Power is experiencing a strong consolidation close to its 100-day EMA, indicating the creation of a base and the possibility of a directional move. A strong breakthrough over βΉ146 would open the door to another bullish surge. The location of immediate support is close to βΉ142, where accumulation activity is evident.
The RSI, which is now heading higher at 49.83, indicates strengthening momentum and a slow transition to bullishness. While maintaining disciplined risk management, short-term traders can think about purchasing at present levels, aiming for βΉ144.65 with a stop loss at βΉ139.
5. Godawari Power and Ispat Ltd. (GPIL)
Purchase at βΉ263.55, aim for βΉ285, and stop at βΉ254.
GPIL, which is now trading at βΉ263.55, is exhibiting strength as it forms a higher highβhigher low structure and a rounding bottom pattern, all of which are backed by sustained volumes that point to significant buying interest and accumulation.
Immediate support on the downside is located at βΉ260. The near-term prognosis is still favorable because the crucial obstacle around βΉ270 has been convincingly overcome. In order to maintain disciplined risk management, short-term traders can think about purchasing at present levels with a stop loss at βΉ254 and an upside objective of βΉ285.