Price Volume Breakout: Dont Miss action in these three trending stocks!
The markets showed a steady recovery on Thursday. The telecom stocks outperformed while IT stocks were also seen gaining in Thursday trading session.
Following three trending stocks should be on investors and momentum traders watchlist:
R Systems: The shares of R Sytems International gained by ~20 per cent to lock in the upper circuit on Thursday. The shares made a lifetime high in Thursday trading session. The shares of R System International are available at a PE of 24.93 with a dividend yield of 1.98 per cent. The shares of R Systems will be in focus on Friday as the attractive valuations, high dividend yield and bullish technical will attract buyers in the counter.
Automobile corporation of Goa: The shares of Automobile Corporation of Goa Ltd (ACGL) were seen trading at a fresh 52 week high on Thursday. The shares of ACGL were seen higher by ~20 per cent on Thursday. The stock of ACGL is in an intermediate uptrend and after the price volume breakout in Thursday trading session will be in focus on Friday trading session.
Vodafone Idea: The shares of Vodafone Idea gained with a huge open interest built up on Thursday. The shares of Vodafone idea gained with a price volume breakout on Thursday. The positive technical indicators and expectation on the improvement in EBITDA front is attracting buyers in Vodafone Idea. Telecom stocks are also seen trending on bourses. The shares of Vodafone Idea will be focus on Friday.