Price Volume breakout stocks: These stocks likely to be in focus on Tomorrow!

Price Volume breakout stocks: These stocks likely to be in focus on Tomorrow!

Prajwal Wakhare

Top 3 price-volume breakout stocks

On Monday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.14 per cent closing at 72,748.42 level, while Nifty also surged by 0.15 per cent and closed at 22,055.70 level. Whereas the Broader market experienced losses as Nifty Mid-Cap closed lower by 0.39 per cent, while Nifty Small-Cap plunged by 0.57 per cent.

DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here

Market volatility, as indicated by India VIX, has surged by 1.50 per cent, reflecting a slight increase in market volatility.

Top 3 price-volume breakout stocks

Tata Steel Ltd: Tata Steel's stock witnessed a bullish day with highs reaching Rs 150.25 and lows at Rs 142.2. Closing at Rs 148.8, a notable increase from the previous close, the stock experienced a 5.01 per cent upward movement. Bullish indicators include bouncing from the 50-day EMA, coupled with a price volume breakout and a volume spike. The RSI at 55.11 further supports this bullish sentiment, potentially signaling further upside for investors.

NSE:TATASTEEL Chart Image by prajwalwakhare

Reliance Infrastructure Ltd: Reliance Infrastructure exhibited strong bullish momentum, reaching highs of Rs 263.95 and lows of Rs 236.35 before closing at Rs 254, marking a 6.95 per cent increase from the previous close. The stock displayed bullish signals such as bouncing from the 200-day EMA, a price volume breakout, and a volume spike, along with an RSI of 62.27, indicating growing bullish momentum. The presence of a broadening wedge pattern adds to the bullish case, suggesting potential opportunities for investors.

NSE:RELINFRA Chart Image by prajwalwakhare

Navkar Corporation Ltd: Navkar Corporation saw bullish activity, hitting highs of Rs 105.2 and lows of Rs 88.7, closing at Rs 105.2, marking a significant 19.95 per cent increase from the previous close. Bullish indicators include bouncing from the 200-day EMA, a price volume breakout, and a volume spike. The RSI at 52.16 suggests increasing bullish momentum. With these positive signals and strong performance, the stock presents potential opportunities for investors to consider.

NSE:NAVKARCORP Chart Image by prajwalwakhare

The following is a list of stocks with a strong positive breakout:

Sr.

Stock Name

Price

Volume

1

Tata Steel Limited

149.7

16,69,13,078

2

Reliance Infrastructure Limited

255.95

2,38,68,902

3

Navkar Corporation Limited

105.2

93,71,141

4

JSW Infrastructure Ltd

246.95

79,28,687

5

Filatex India Limited

59.8

71,31,756

6

Zensar Technologies Limited

583.55

60,76,286

7

Jindal Steel & Power Limited

808

40,41,593

8

Lords Chloro Alkali Ltd

127.7

36,20,590

9

GPT Healthcare Ltd

167.5

33,44,450

10

Gabriel India Limited

329.55

26,82,396

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

Previous Article Rs 4,600 crore order book: This multibagger railways telecom company bags order worth Rs 351.95 crore from Municipal Corporation of Greater Mumbai
Next Article Rs 38,000 crore order book: This multibagger engineering company bags new orders worth Rs 2257,00,00,000
Rate this article:
4.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR