Bengaluru, June 23 -- Breakout stocks are shares that show a sharp price movement after crossing important technical resistance levels, suggesting a possible trend reversal. These stocks typically gain investor interest as they emerge from consolidation phases, signaling strong upward momentum.

A breakout usually happens when a stock moves above a previous high or resistance level, indicating the beginning of a new upward trend. Investors often look for breakout stocks because they offer the potential for significant gains, despite higher volatility. Spotting these opportunities early can be profitable, especially in rapidly growing sectors or fundamentally strong companies.

Here are a few stocks to watch out for breaking out of their r...