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

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

Prajwal Wakhare

The market exhibited a cautious sentiment as reflected in the overall change of negative 47.30 points or decrease of 0.22 per cent.

In today's Nifty 50 intraday session, the index opened at 21,737.65, displaying initial strength. However, it faced mild downward pressure, reaching a low of 21,676.90. The market exhibited a cautious sentiment as reflected in the overall change of negative 47.30 points or decrease of 0.22 per cent.

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Despite the fluctuations, the index managed to recover from its intraday low, closing at 21,731.40. The day's high of 21,770.30 showcased brief moments of positive momentum.

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Top 3 price-volume breakout stocks

Indian Renewable Energy Development Agency Ltd witnessed an impressive intraday performance, opening at Rs 97.5 and surging to a high of Rs 105.65. The stock demonstrated resilience by maintaining a low of Rs 96, ultimately closing at Rs 102.6. This substantial upward movement of 5.45 per cent from the previous close of Rs 97.3 reflects the company's robust market presence. With a market capitalization of Rs 27,600.57 crore.

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GMR Airports Infrastructure Ltd displayed a commendable intraday rally, opening at Rs 76.3 and reaching a peak of Rs 81.5. Despite a brief dip to a low of Rs 75.7, the stock rebounded strongly, closing at Rs 80.6. The remarkable 5.64 per cent surge from the previous close of Rs 76.3 underscores the market's positive response to the company's performance. With a substantial market capitalization of Rs 48,648.51 crore.

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Indus Towers Ltd emerged as a standout performer, opening at Rs 186.55 and scaling new heights at Rs 201.65 during the intraday session. The stock maintained a robust low of Rs 184.8 before concluding the day at Rs 198. This remarkable uptrend, representing a 6.39 per cent increase from the previous close of Rs 186.1, showcases the company's strong market position and investor appeal. With a market capitalization of Rs 53,689.96 crore.

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

Sr.

Stock Name

Per cent Change

Price

Volume

1

Indian Renewable Energy Development Agency Ltd

5.65

102.8

8,57,31,200

2

Gmr Infrastructure Limited

5.57

80.55

7,82,84,106

3

Indus Towers Ltd (Bharti Infratel)

6.96

199.05

4,86,24,005

4

Railtel Corporation of India Ltd

15.18

338

4,53,90,991

5

3i Infotech Ltd

7.46

48.95

1,92,39,396

6

Mahanagar Telephone Nigam Limited

6.32

33.65

1,50,29,947

7

Olectra Greentech Ltd

8.04

1346.8

92,14,234

8

Reliance Infrastructure Limited

9.96

209.8

80,29,326

9

Surya Roshni Limited

19.38

777.05

67,97,973

10

Kalpataru Projects International Ltd

7.85

709.2

62,04,398

11

Gokul Refoils And Solvent Limited

12.51

53.95

54,76,407

12

TruCap Finance Ltd

7.49

77.5

47,91,487

13

Emami Limited

5.77

563.75

46,41,178

14

Sun Pharma Advanced Research Company Limited

5.83

286.8

39,11,286

15

VL E-Governance & IT Solutions Ltd

9.94

60.3

37,71,463

16

Transformers And Rectifiers (india) Limited

7.6

231.35

34,18,492

17

Banka Bioloo Ltd

19.97

105.15

32,66,962

18

Godrej Industries Limited

5.6

744.45

32,10,272

19

Spacenet Enterprises India Ltd

5.35

31.5

31,08,847

20

Nrb Bearing Limited

17.74

335.85

26,58,180

 

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

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