On Wednesday, markets extended the rebound for the second consecutive session and gained over a per cent on the back of firm global markets. After a gap-up opening, the benchmark continued to trade in a sideways range but the inclination remained on the positive side. The Omicron concerns coupled with FII’s selling is likely to keep investors in a cautious mode.

All the sectoral indices ended higher with auto, bank, realty, capital goods, pharma, oil & gas, power, and metal indices gaining 1-3 per cent. In the broader markets, BSE midcap and smallcap indices added over 1 per cent each.

Activity in the F&O market for the weekly expiry on December 23, shows 16800 to act as support now. 

Considering the bulls have seen a follow-through rally on Wednesday along with across-the-board participation and with cooling India VIX as an icing on the top, this Santa Rally could extend. Hence, we have come out with a list of stocks based on the T20 breakout system.  

Nifty & Sensex ended Wednesday’s trading session near the day’s high with Nifty gaining about 1.10 per cent while Sensex surged over 500 points.

BSE Small-cap index outperformed broader markets, by recording gains of 1.66 per cent i.e. 462.97 points.

The stock has also underperformed as it delivered a mere 5.51 per cent in 2021 and negative 7 per cent returns in one month.

All the sectoral indices on BSE are trading in the green, with the BSE Realty index being up by almost 3 per cent, followed by BSE Auto, BSE Metal, and BSE Capital Goods, which are up by almost 1.5 per cent.

The 14-period RSI on the daily timeframe has generated a positive signal as it has moved above its nine-period average. Furthermore, the RSI has jumped above the 60-mark. The stock is up by 78 per cent on a YTD basis while on an MTD basis, it’s nearly up by 20 per cent.

List of the stocks where sell positions are being covered in the F&O segment.

List of the futures contracts that are generating the highest as well as the lowest returns for the day.