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Flat Markets, Fresh Breakouts: Sumeet Bagadia Picks 5 Stocks to Watch Today

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.

πŸ“Š Market Summary

  • Market Close: Nifty & Sensex ended flat
  • Reason: Low volumes, no fresh domestic triggers
  • Nifty Range: Support 25,750–25,800
  • Resistance: 26,050–26,100
  • Overall Mood: Cautious, range-bound

πŸš€ 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 58,800–58,900 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 β‚Ή1,021.30; aim for β‚Ή1,093; stop at β‚Ή985.

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 β‚Ή1,021.30 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 β‚Ή1,000 is the accumulation support. In order to maintain disciplined risk management, short-term traders can think about purchasing at present levels, aiming for β‚Ή1,093 with a stop loss at β‚Ή985.

2. Radico Khaitan Ltd. (RADICO)

Purchase at β‚Ή3,376, aim for β‚Ή3,615, and stop at β‚Ή3,257.

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 β‚Ή3,050–3,400.

The stock is about to break out of current sideways consolidation around β‚Ή3,376, suggesting the possibility of an upward increase in momentum. The amount of immediate assistance is close to β‚Ή3,300. 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 β‚Ή3,615 and a stop loss at β‚Ή3,257, short-term traders should think about purchasing.

3. Indian Bank Ltd. (INDIANB)

Purchase at β‚Ή809, aim for β‚Ή865, and stop at β‚Ή780.

With a powerful bullish candle that indicates fresh buying activity and bullish momentum, Indian Bank, which is now trading at β‚Ή809, 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 β‚Ή850, and any retreat is anticipated to find support around β‚Ή795. While maintaining disciplined risk management, short-term traders may think about taking long positions with a stop loss at β‚Ή780 and an upside objective of β‚Ή865.

4. Adani Power Ltd. (ADANIPOWER)

Purchase at β‚Ή144.65, aim for β‚Ή156, and stop at β‚Ή139.

At β‚Ή144.65, 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 β‚Ή146 would open the door to another bullish surge. The location of immediate support is close to β‚Ή142, 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 β‚Ή144.65 with a stop loss at β‚Ή139.

5. Godawari Power and Ispat Ltd. (GPIL)

Purchase at β‚Ή263.55, aim for β‚Ή285, and stop at β‚Ή254.

GPIL, which is now trading at β‚Ή263.55, is exhibiting strength as it forms a higher high–higher 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 β‚Ή260. The near-term prognosis is still favorable because the crucial obstacle around β‚Ή270 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 β‚Ή254 and an upside objective of β‚Ή285.

Gourav

About the Author

I’m Gourav Kumar Singh, a graduate by education and a blogger by passion. Since starting my blogging journey in 2020, I have worked in digital marketing and content creation. Read more about me.

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