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Top breakout stocks to buy today: ITC Hotels, RR Kabel, MCX, Texrail, UBL by Sumeet Bagadia | Targets

ITC secured new business.

· LiveMint Markets

Sumeet Bagadia from Choice Broking has recommended ITC Hotels, RR Kabel, MCX, Texrail, and UBL. Each stock shows positive technical setups with potential price targets and risk levels, indicating strong upward momentum and renewed buying interest.

Against that, the stock is -3.8% on the day at ₹255.50, and has returned -9.4% over three months. It sits 39% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -4.2% over the same period, so ITC is running 5.2 points behind its peers.

For ITC, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.

  • The company directly in focus is ITC.
  • Sector exposure: FMCG.
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