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

In the last hour of the trading session, good buying was seen in the pharma stocks.   

In the latter part of the trading session on D-Street, the markets witnessed a smart recovery with Nifty recovering as much as 150 points from the day’s low.   

Among the sectoral indices, Nifty Energy, Nifty PSU Bank, Nifty Pharma, and Nifty Metal were trading in green with Nifty Energy leading from the front. In the last hour of the trading session, good buying was seen in the pharma stocks. As a result, Nifty Pharma ended in green.   

Given the fact that the stock-specific action is likely to continue on D-Street, we will share a list of stocks that appear in the T20 breakout system. 

So, here is the list: 

JB Chemicals & Pharmaceuticals: The stock witnessed a good trending move on Tuesday along with a spike in the volume and that’s why appeared in the T20 breakout system.       

Suprajit Engineering: The stock witnessed a good move in the first hour of the trading session. Thereafter, it was seen retracing but in the latter part of the trading session, interest in the stock reignited and hence, one could keep this stock on the radar.   

Power Finance Corporation (PFC): The stock witnessed good action on Tuesday as the volume and price criteria of the T20 breakout system have matched. Furthermore, the stock has recorded its highest single-day gains in a long time.