Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 18 June 2026

Indian benchmark indices extended gains for a fourth consecutive session on June 17, 2026, with the Sensex rising 347 points (0.45%) to close at 77,156 and the Nifty 50 advancing 97 points (0.40%) to settle at 24,086, supported by hopes of a potential US-Iran peace agreement and softer crude oil prices. According to Sumeet Bagadia of Choice Broking, the Nifty 50 formed a bullish candlestick pattern with immediate support at 23,800-23,850 and resistance at 24,200-24,250, while the RSI at 60.87 indicates strengthening momentum. The Bank Nifty gained 287.90 points (0.50%) to close at 57,585.05, with support placed at 56,800-57,000 and resistance at 58,000-58,300, reflecting sustained buying interest in the banking space.