Technical Breakout Stocks: How to trade KEC International, DMart and JSW Energy on Friday

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Key Points

Sectorally, buying was seen in IT, consumer durables, utilities and banks while oil & gas, energy and public sector stocks saw some selling pressure...

Stocks that were in focus include names like KEC International which was up more than 5%, D-Mart which closed with gains of over 4% and JSW Energy pared gains after hitting a fresh record high but closed with a positive bias on Thursday...

We have collated a list of three stocks that either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout...

KEC International has entered its 52-week high but has encountered its intraday chart trendline resistance from where the profit booking has taken place...

The upside resistance levels expected in the near term are 616 and 640 whereas the support on the downside is placed at the trendline area of 550...

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