Did You Spot These BreakOUT Stocks Today? | Market Breakout Stocks | Stocks In News | ET Now

Let's go across to my colleague Shrishti who is here with this stock picks on the day on the technical Shah Srishti, what are you spotting for us? So we have spotted 2 breakouts today and first of all let's have a look at HUL. Because the FMCG pack was clearly buzzing today and after a while that we are seeing all these FMCG majors beat ITCHUL Britannia Nestle river on C2B buzzing. And from that pack we have picked up HUL because it was a very interesting setup because just to some days back you will see that green candle. Then the stock went into a consolidation phase. But for today, exactly taking a bounce from its twenty day moving average, breaking the resistance of a falling trend line. And this move was also supported by a long buildup and hence we are spotting this as a breakout candidate. So this is the first talk that we wish to highlight for our viewers. But the second stock is actually a stock we don't discuss quite regularly. But this is GMR Airports infra on the charts because this stock was quite interesting. Why so? Because the stock has made multiple attempts to actually cross the levels of 85 to 86 and 87, sort of a resistance band but every time and actually managed to fail. But for today the stock did take a bounce from its twenty day moving average, ended the day at the highest point, telling you that the strength was actually in the buyer's hand. Other than that. The stock actually finally managed to break above those resistance for the bus. So many days it has been trying and making an attempt but it was unsuccessful. But for today the success has been spotted as a breakout. So these are the two stocks that we wish to highlight on the breakout side. Back to you guys. Alright, thanks very much Sushil. If you like this video then like, share and subscribe to 80 Now.