DSIJ Mindshare

While real estate, consumer durables and FMCG stocks declined, PSU banks, IT, and private banks saw gains. 

Shares of BGR Energy Systems, the top BSE Smallcap gainer, have been locked at a 20 per cent upper circuit with more than 64 times rise in volume.

Currently, shares of the company are locked in the upper circuit.

Interestingly, in the above list couple of stocks are from the oil exploration sector and you must have heard of the proverb, ‘birds of a feather flock together’. This clearly indicates that this sector is likely to be in the limelight in the coming days.

Considering the fact that Nifty has witnessed a breakout of the descending channel and broad-based buying on Friday, we expect momentum to continue in the coming trading sessions. Hence, we have shortlisted a few stocks based on the T20 breakout system.