Price and volume breakout under Rs 100: Three stocks to watch for Tuesday!

Price and volume breakout are the best combination investors should watch for. Interestingly, on Monday all 3 stocks mentioned inside belong to the banking sector.

During Monday’s trading sessions, these three stocks gained significantly with price and volume activity, indicating potential bullish action. Here's an in-depth look.

Indian Overseas Bank

Shares of Indian Overseas Bank closed at Rs 74.42, up 10.69 per cent compared to the previous close of Rs 67.23. Monday's trading session saw a significant volume spike, with 12.70 times the average trading volumes. The market cap stands at Rs 1,40,671 crore, with a notable 1-year return of 207 per cent, making it a multibagger. Its 52-week high and low prices are Rs 83.80 and Rs 23.60 respectively.

Also read Power of Dividend Income: How Rs 1,000 becomes Rs 8 CRORE and generates a multibagger return of 81,17,355 per cent!

UCO Bank Limited

UCO Bank’s stock closed at Rs 60.99, up 7.13 per cent compared to the previous close of Rs 56.93. Monday's trading session saw a significant volume spike, with 3.18 times the average trading volumes. The market cap stands at Rs 72,919 crore, with a notable 1-year return of 130.50 per cent, making it a multibagger. The RSI at 68.91 suggests the stock is neither overbought nor oversold, indicating potential stability.

Punjab & Sind Bank Limited

Shares of Punjab & Sind Bank closed at Rs 64.57, up 4.87 per cent compared to the previous close of Rs 61.57. Monday's trading session saw a significant volume spike, with 2.49 times the average trading volumes. The market cap stands at Rs 43,764 crore, with a notable 1-year return of 97 per cent3. Its 52-week high and low prices are Rs 77.50 and Rs 29.41 respectively.

Investors must keep these stocks on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.