On Wednesday, in the final hour of the trading session, the benchmark indices were trading marginally lower. Underpinned by pharma and FMCG stocks, the domestic market was on a steady run in the first half of the trading session. The UK market opened lower as the sentiment was disturbed by rising retail inflation numbers and cautiousness of sharper rate hikes.  

On Wednesday, the benchmark indices ended higher with Nifty closing above the 16900 mark led by buying seen across the sectors. The equity markets are eyeing the outcome of the FED meeting as the current geopolitical developments are creating further inflationary pressure in the global market and it is crucial to take into account the view of central banks.

Going ahead, we are going to witness a stock-specific action in the market and hence, we have come out with a list of stocks based on the T20 breakout system.  

One of the most important reasons for the popularity of candlestick charting is the pictorial representations of stock prices and the way the market information is displayed; so that, traders can use maximum information to his or her advantage.A bullish pro gap is a two-candle pattern wherein, the first candle is a red candle, which is followed by a green candle that opens within the red real body and closes over prior open.