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

The bulls on D-street struck gold on Monday as they snapped their four-day losing streak in style. Nifty gained almost 1 per cent and ended the day above the 17,650 mark.   

Buying interest was visible in the broader markets as well with Nifty Midcap 100 and Smallcap 100 jumping 1.57 per cent & 1.58 per cent, respectively. As a result, the broader markets continued their outperformance against the frontline indices.   

Among the sectoral indices, after a long time, all the sectoral indices ended the day in green with Nifty Metal, media & realty surging more than 2 per cent.   

We believe that the momentum is likely to continue on D-Street; hence, we have curated a list of stocks that have been selected based on the T20 breakout system and should be on your watch list:

Aarti Industries: 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 and volume action remained strong throughout the day; hence, keep a close watch on this stock.  

Astral: The stock witnessed good action in the initial as well as the last hour of the trading session on Wednesday as the volume and price criteria have matched. Hence, it demands attention.     

Deepak Nitrite: The stock met the criteria of the T20 breakout system and witnessed a trending day. Furthermore, the bulk of the volume activity has been observed in the second half of the trading session. Also, the stock has managed to close near its day’s high. Hence, keep a close watch on this stock.