Hindustan Copper, Arvind, CCL Products, HBL Engineering, LIC
Sumeet Bagadia Lists Five Breakout Stocks to Buy on September 9, 2026
Sumeet Bagadia, Executive Director at Choice Broking, has recommended five breakout stocks for purchase on Wednesday, 9 September 2026, citing technical strength and improving momentum. The recommendation comes amid a bearish short-term bias in Indian equity markets, with the Sensex and Nifty 50 extending losses for a second straight session on Tuesday, September 8. The Sensex fell 555 points, or 0.73%, to close at 75,577.58, while the Nifty 50 declined 144 points, or 0.61%, to end at 23,635.10. Bank Nifty also slipped, closing down 310.75 points at 56,777.55.
Bagadia noted that any market recovery is likely to face selling pressure unless key resistance levels are reclaimed, with the Nifty 50 finding immediate support in the 23,500–23,580 zone and facing resistance at 23,800–23,870. Despite the cautious outlook, he identified as breakout candidates. Hindustan Copper is advised at a buy price of ₹533 with a target of ₹565 and stop loss at ₹519, supported by a rising trendline and trading above key EMAs. Arvind is recommended at ₹581, targeting ₹625 with a stop loss at ₹555, following a range breakout and sustained holding above the 20-day EMA.
CCL Products (India) is suggested for purchase at ₹1,131, aiming for ₹1,210 with a stop loss at ₹1,086, based on channel pattern support and improving RSI. HBL Engineering is advised at ₹731, targeting ₹790 with a stop loss at ₹698, buoyed by volume expansion and trading above the 50-day EMA. Lastly, LIC Housing Finance is recommended at ₹563, with a target of ₹600 and stop loss at ₹545, after finding support at the descending channel trendline and showing rising momentum.
All recommendations include specific entry, target, and stop-loss levels, with RSI readings cited to confirm momentum remains within healthy, non-overbought ranges. Bagadia emphasized that sustained trading above the specified buy levels is critical for upside potential. The disclaimer accompanying the advice states that the views are those of the analyst and not of Mint, urging investors to consult certified experts before making investment decisions.
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