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

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

Karan Dsij
/ Categories: Trending, Mindshare

Similarly, the bulls also seem to have entered into the same mode where they open, hit a new all-time high, and repeat! 

When Indian men’s cricket team captain, Virat Kohli was at his peak performance, his routine was like wake up, score centuries, sleep, and repeat. Similarly, the bulls also seem to have entered into the same mode where they open, hit a new all-time high, and repeat! 

Nifty on Wednesday touched a high of 18,197 and gained nearly one per cent before settling at 18,160 levels. Among the sectoral indices, barring Nifty Realty, all other indices ended in green with Nifty Auto gaining as much as 3.4 per cent, followed by Nifty Metal, which jumped 1.39 per cent.   

The broader markets too witnessed buying interest on Wednesday with Nifty Midcap 100 adding more than 1.5 per cent while Nifty Smallcap 100 managed to eke out modest gains for the day.   

We expect the positive momentum to continue in the markets. And, hence, we have chalked down a list of stocks that appear in the T20 breakout system.   

So, here is the list: 

Schneider Electric Infrastructure: The stock has made its way into the list as it closed above the 20-day high while volumes are higher in the last 20 days. Moreover, the stock has registered the highest single-day volume since August 20 and closed around the top 25 per cent of the day’s range. Hence, watch out for this stock!   

Kalpataru Power Transmission: The stock met the criteria of the T20 breakout system and witnessed a trending day. Furthermore, it has managed to close in the top quartile of the range while the volume activity was quite profound throughout the day. Hence, keep a close watch on this stock.   

Minda Industries: The stock met the principles of the T20 breakout system and it has also witnessed a trending day. Meanwhile, the stock has managed to close near its day’s high. Hence, keep a close watch on this stock.   

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