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

So, here is the list of stocks that one may keep on its radar as these stocks are picked based on the T20 breakout system.   

Tuesday’s trading session turned out to be a tiring one for the bulls of D-Street as Nifty not only halted its two-day winning streak but also, oscillated in a range of 119 points, which is less than its 10-day average range.   

Nifty had opened the session with minor gains and made a high of 18,112.60. However, profit-booking emerged at higher levels and Nifty slipped lower to mark a low of 17,983. At the end of the day, it settled with a modest loss of 24 points.   

The broader markets outperformed the benchmark indices with Nifty Midcap & Smallcap gaining 1.16 per cent and 0.49 per cent, respectively.  

So, here is the list of stocks that one may keep on its radar as these stocks are picked based on the T20 breakout system.   

Godrej Industries: The stock jumped nearly 7 per cent along with a huge jump in volume. It has registered the highest single-day volume since August 08, 2021. Hence, watch out for this stock!  

Aditya Birla Capital: The stock met the criteria of the T20 breakout system and witnessed a trending day. Furthermore, it has managed to close near its day’s high while the volume activity was quite profound throughout the day. Hence, keep a close watch on this stock.  

Jamna Auto Industries: 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. Moreover, the stock has managed to close in the top quartile of the day’s range. Hence, watch out for the stock!   

Prestige Estate Projects: The stock skyrocketed over 5 per cent and witnessed a jump in volume as well. Moreover, a bulk of the volume was witnessed in the second half of the trading session and also, managed to close near the day’s high. Hence, watch out for this stock!