Top Stock Picks for May 15, 2026: Sumeet Bagadia's Recommendations
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 15 May 2026
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On May 15, 2026, Sumeet Bagadia, Executive Director at Choice Broking, recommends five stocks to buy amid a bullish market recovery. The Nifty 50 and Bank Nifty indices showed significant gains, with Bagadia highlighting Indus Towers, RBL Bank, Adani Green Energy, Natco Pharma, and Schneider Electric Infrastructure as strong investment options.
- 01The Nifty 50 rose by 277 points (1.18%) to close at 23,689.60.
- 02Sumeet Bagadia identified five stocks to buy: Indus Towers, RBL Bank, Adani Green Energy, Natco Pharma, and Schneider Electric Infrastructure.
- 03The Bank Nifty increased by 672.80 points (1.26%) to settle at 54,128.95.
- 04Technical indicators suggest bullish momentum in the stock market, with key support and resistance levels identified.
- 05Investors are advised to maintain stop-loss levels to manage risks effectively.
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On May 14, 2026, the Indian stock market experienced a robust recovery, with the Nifty 50 index gaining 277 points (1.18%) to close at 23,689.60 and the Bank Nifty rising by 672.80 points (1.26%) to settle at 54,128.95. This surge was attributed to broad-based buying and short covering following recent declines. Sumeet Bagadia, Executive Director at Choice Broking, noted the formation of a Morning Doji Star candlestick pattern, indicating a potential bullish reversal in both indices. He highlighted key support and resistance levels for traders to monitor. Bagadia recommended five stocks for purchase: Indus Towers, RBL Bank, Adani Green Energy, Natco Pharma, and Schneider Electric Infrastructure. Each stock shows strong technical setups and bullish momentum, with specific buy prices, target prices, and stop-loss levels provided to manage risk effectively. Investors are encouraged to consult certified experts before making investment decisions.
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Investors may benefit from the bullish trend in the stock market, potentially leading to increased portfolio values and investment returns.
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