Do you hold these stocks that are exhibiting price volume breakout?
Nifty 50 opened over 16,600 this morning and is still trading well above it. In this post, we have highlighted the top stocks that are experiencing a price volume breakout.
The Indian economy is predicted to grow by 7 per cent in FY 2022–23, down from the earlier projections of 7.4 per cent, according to a survey by the Federation of Indian Chambers of Commerce & Industry (FICCI). In fact, it is even slower than the Reserve Bank of India's (RBI) 7.2 per cent prediction.
The disappointment with the mixed earnings has subsided as Chinese technology companies have climbed, bolstering sentiment. As a consequence, leading Asian indices closed higher on Friday.
Overnight US market signals helped the Nifty 50 finish with gains for the fifth straight day on July 21. The Nifty 50 closed yesterday's session at 16,605.3, up 0.51 per cent (84.4 points).
Despite the advance, there appear to be no reversal clues for the Nifty 50 as it approaches the overbought zone. Nifty 50 is facing resistance at 16,800 levels, with a strong barrier between 17,150 to 17,300 levels. Levels between 16,200 and 16,500, on the other hand, are expected to provide significant support.
Top stocks with price volume breakout are listed below.
Stock Name
|
Current Market Price (Rs)
|
Change (%)
|
Volume
|
Hindustan Foods Ltd.
|
544.8
|
9.9
|
6,78,575
|
Nureca Ltd.
|
1,074.0
|
7.8
|
1,67,294
|
MM Forgings Ltd.
|
975.0
|
7.7
|
1,68,353
|
Balaji Amines Ltd.
|
3,306.3
|
5.7
|
2,40,325
|
Gokaldas Exports Ltd.
|
370.9
|
4.7
|
9,54,965
|
Angel One Ltd.
|
1,451.5
|
4.6
|
7,62,305
|
Home First Finance Company India Ltd.
|
815.9
|
4.4
|
1,00,451
|
Easy Trip Planners Ltd.
|
416.3
|
4.1
|
14,61,402
|
Happiest Minds Technologies Ltd.
|
1,004.6
|
3.6
|
13,58,911
|
Relaxo Footwears Ltd.
|
1,017.6
|
3.3
|
2,87,194
|