BTST breakout stocks to watch out for!

The market breadth remains healthy as the broader market indices were seen outperforming the frontline gauge.

The benchmark indices are seen trading in a range with a positive bias on Wednesday. Nifty is trading up by 0.18 per cent or 32 points at 17,594. 

Among the sectoral indices, Nifty Media and Nifty Realty turned out to be the top gainers, followed by Nifty Metal. On the other hand, Nifty Financial Services and Nifty Bank emerged as the top two losers.  

The market breadth remains healthy as the broader market indices were seen outperforming the frontline gauge. Nifty Midcap 100 & Smallcap 100 were up by 1.79 per cent and 1.55 per cent, respectively.  

We have handpicked some stocks that look appealing as BTST candidates; you can keep them on your watchlist!  

LIC Housing Finance: The stock has seen a massive spurt in the volume in the last couple of hours and the price is also trading near the day’s high. It has already surpassed its last trading session volume and it is the highest since September 7.  

PVR: Nifty Media index is a standout performer of the day as it has jumped over 13 per cent and PVR is a part of Nifty Media index. The stock of PVR is up by nearly 7 per cent and the buying interest, which the stock has witnessed in the last couple of hours, is astonishing! Moreover, there is news floating in the media that cinema halls can open in Mumbai with COVID-19 guidelines.  

INOX Leisure: The stock is also witnessing good volume action and the price is trading near the day’s high. Furthermore, it has witnessed the breakout of the stage-1 consolidation pattern.