BTST breakout stocks to watch out for!
On Tuesday, Indian markets have been trading in a wobbly manner and is seen oscillating between the negative and positive terrain. The market breadth is weak as Nifty Midcap 100 and Smallcap 100 are trading in negative terrain and also, underperforming the frontline gauge.
Among the sectoral indices, majority were seen trading in red. However, Nifty FMCG and Nifty Media emerged as the top gainers.
Seeing the volatile moves of the market, stock selection should be on utmost priority.
Hence, here is a list of the stocks that one should keep on radar for BTST trade:
Escorts Ltd: The stock of Escorts was seen trading near the day’s high while the volume in the last is in excess of over 5 lakh shares. Keep a close watch on this stock.
LIC Housing Finance: This is an interesting stock name as this does not feature regularly in the list. The stock has maintained the rhythm of higher high and higher lows in the lower timeframe. Moreover, it has surpassed its prior trading session volume and recorded highest single-day volume in the last one month. Hence, watch out for this stock.
Blue Dart Express: The stock has already surpassed its prior trading session volume and furthermore, it is seen trading above its prior trading session high. Hence, keep a close watch on this stock.