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

India VIX cooled off 3 per cent and slipped below the 24-mark.   

Nifty on Tuesday opened flat and thereafter, started to drift lower as the day progressed. At one point in the day, it had slipped below the prior session’s low and also, made a low of 17,006 levels. However, the change of fortune was seen on the D-Street as the bulls staged a strong comeback. Nifty recovered more than 300 points from the lower point of the day and ended the session near the day’s high.   

The broader market relatively underperformed as Nifty Midcap added 0.31 per cent while Smallcap rose 0.34 per cent. Sectorally, the majority of the sectors ended in green led by Nifty IT and Nifty Energy.   

India VIX cooled off 3 per cent and slipped below the 24-mark.   

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 that should be on your radar.     

Here is the list of stocks:  

TV18 Broadcast: 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. 

Sterlite Technologies: The stock has made its way into the list as it closed above the 20-day high while its volumes are also higher in the last 20 days. Moreover, it closed near the day’s high. Hence, watch out for the stock!   

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

Mahindra Holidays & Resorts India Ltd: 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.