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

Here is the list of stocks

Nifty bulls scored a triple century on the final trading session of the week. Yes, today was the last trading session of this week as the markets will remain close on Friday on the account of Holi.   

Nifty opened Thursday’s session with a gap-up and went from strength to strength to end the day with gains of 1.84 per cent. Interestingly, barring Tuesday, Nifty ended in green in all other trading sessions; as a result, it jumped 4 per cent for the week.    

However, the good news does not end over here! The market, in the course of the week, witnessed buying across the board and the proof of this was that all the sectoral indices ended in green for the week, except for Nifty Metal, which saw a modest cut. Meanwhile, Nifty Auto and Nifty Financial Services were the top gainers.  

Going ahead, the theme of sector churning and stock-specific outperformance is likely to remain intact and hence, we have come out with a list of stocks, which should be on your radar.   

Here is the list of stocks:  

Angel One: The stock met the criteria of the T20 breakout system and witnessed a trending day. Furthermore, it managed to close near the day’s high while the volume activity was quite profound in the second half of the day. Thus, keep a close watch on this stock.    

Century Plyboards (India): The stock met the criteria of the T20 breakout system. The volume activity was quite profound throughout the day. Hence, keep a close watch on this stock.    

Coromandel International: The stock met the criteria of the T20 breakout system. It managed to close in the top quartile of the range while the volume activity was quite profound in the second half of the day. Thus, keep a close watch on this stock.    

JSW Steel: The stock has made its way into the list as it closed above the 20-day high while its volumes are higher in the last 20 days.  

Dr Lal PathLabs: The stock met the criteria of the T20 breakout system and volume activity was quite profound in the second half of the day. Hence, the stock demands attention.   

PI Industries: The stock has made its way into the list as it closed above the 20-day high while its volume are higher in the last 20 days. Hence, watch out for the stock!    

SRF: 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, it witnessed some good action in the last leg of the trade today. Hence, watch out for the stock!