Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 22 July 2026

Indian benchmark indices Sensex and Nifty 50 declined for a second straight session on July 21, with the Sensex falling 238 points (0.31 percent) to 77,470.11 and Nifty 50 slipping 51 points (0.21 percent) to 24,187.70, amid Middle East tensions and rising crude oil prices. Analyst Sumeet Bagadia of Choice Broking sees Nifty consolidating in the 24,050 to 24,350 range with a sideways to bullish bias, contingent on holding the 24,050 to 24,100 support zone. He recommends five breakout stocks for July 22: Rain Industries at around Rs 223 with a target of Rs 240, along with Chennai Petroleum Corporation, Balaji Amines, Cyient DLM, and INOX India.