T20 breakout stocks: Best swing trading stocks to keep an eye on!

Nifty ended lower on Friday, down by 0.71 per cent at 16,450. The broader market indices continued to underperform the frontline gauges as Nifty Midcap 100 and Nifty Smallcap plunged by 1.99 per cent and 2.16 per cent, respectively.   

Among the sectoral indices, barring Nifty FMCG, which gained 2.27 per cent, all other indices ended in red with Nifty Metal ending down by 6.43 per cent.   

Since a sharp fall was witnessed on Friday, the stock selection is going to be crucial, going ahead.   

So, here is the list of the stocks that one should keep on the radar, going forward: 

Fortis Healthcare: The stock touched fresh highs on Friday and ended up by 3.16 per cent. It witnessed a strong move in the initial part of the trading session and thereafter, moved in a capped range. Hence, a move above Friday’s high would ignite a fresh interest in the stock.   

Godrej Consumer Products: The stock touched a fresh high on Friday and witnessed buying interest in the last leg of the trade as nearly 40 per cent of the volume was recorded during that period.   

Hindustan Unilever: The stock contributed most to Nifty’s kitty on Friday. It witnessed a breakout of a flat base pattern.   

MindTree: The stock touched a fresh high today and witnessed a strong move in the first hour of the trade and consolidated thereafter. Hence, keep a close watch on the high of Friday.    

Petronet LNG: The stock witnessed strong momentum in the first hour of the trade and thereafter, it maintained its rhythm of higher high & higher low.