Breakout stocks: Stocks breaking their previous day high, a must watch out list for intraday traders!

D-Street bulls have picked up from where they ended the last trading session and now, they have extended their gains. Currently, Nifty is on the verge of touching the 17,300 mark.   

The zone of 17,300-17,360 is a key resistance area as in recent times, not once but twice, it has turned back from this zone. Hence, on Thursday, it would be crucial to watch out whether the index is able to surpass this hurdle or once again, the same old story repeats and it reverses its gains. Currently, the index is trading near the day’s high and it has surpassed the high of the previous trading session.   

The broader market indices were seen trading in green with Nifty Midcap 100 and Smallcap 100 adding 0.32 per cent & 0.16 per cent, respectively.   

Hence, we have chalked down a list of stocks, which have seen the previous day’s high breakout. Usually, the stocks trading above their previous day’s high are the ones that should be kept on the watchlist for intraday and swing trades.     

There are as many as 92 stocks from Nifty 500 index that are trading above their previous day’s high.     

So, here is the list of stocks: