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

Nifty PSU Bank leading from the front as it jumped over 3 per cent.   

It was a topsy-turvy Tuesday for Indian markets as the Indian benchmark indices oscillated in negative as well as positive terrain and finally settled the day with 0.29 per cent at 18,000 levels thereby, recording the highest-ever close.   

The broader markets outperform the benchmark indices with Nifty Midcap 100 and Smallcap adding 0.58 per cent & 0.80 per cent, respectively.   

Among the sectoral indices, barring Nifty IT, all other indices were in green with Nifty PSU Bank leading from the front as it jumped over 3 per cent.   

If you are looking forward to know which stocks can outperform the markets and deliver good returns, we have come out with some special stocks based on the T20 breakout system that should be on your radar for swing trading purposes.     

So, here is the list:  

VEDL: The stock met the criteria of the T20 breakout system and witnessed a trending day. Furthermore, it has managed to close near the day’s high, and the volume activity was quite profound throughout the day. Hence, keep a close watch on this stock.      

EID Parry: The stock sky-rocketed over 8 per cent and witnessed a jump in the volume as well. Moreover, the bulk of the volume was witnessed in the second half of the trading session. Hence, watch out for this stock.    

Bajaj Auto: The stock has gained over 3 per cent on Tuesday and along with this, the stock has seen a huge jump in volume. The majority of the volume activity was seen in the initial hour of the trade and thereafter, the stock was seen consolidating.   

SRF: The stock of Sobha Limited made a fresh 52-week high and also, met the criteria of the T20 breakout system. Hence, keep a close watch on this stock.