The 14-period RSI on the daily timeframe has generated a positive signal as it has moved above its nine-period average. Furthermore, the RSI has jumped above the 60-mark. The stock is up by 78 per cent on a YTD basis while on an MTD basis, it’s nearly up by 20 per cent.

The current market scenario seems more like a trading market than an investing market. A scrip-specific approach is advocated. Hence, we have come up with a list of stocks based on the T20 breakout system.