Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
The index opened at 21,605.80, higher than the previous close, and quickly gained momentum. The current value stands at 21,658.60, reflecting a change of 141.25 points or 0.66 per cent.
The Nifty 50 index has displayed a modest positive trend in today's intraday session. The index opened at 21,605.80, higher than the previous close, and quickly gained momentum. The current value stands at 21,658.60, reflecting a change of 141.25 points or 0.66 per cent.
Throughout the session, the index reached a high of 21,685.65 and experienced a low of 21,564.55, indicating a relatively tight trading range. The positive change suggests that buyers have taken control, contributing to the overall upward movement.
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Top 3 price-volume breakout stocks
Reliance Power Ltd. (CMP: Rs 31): Reliance Power is exhibiting strong bullish signals with a price volume breakout, trading above crucial moving averages, and experiencing a bounce from the 50-day EMA. The Relative Strength Index (RSI) is at an elevated 79.93, indicating overbought conditions, and the stock is currently at an all-time high. The impressive volume spike further supports the bullish momentum, suggesting potential continuation of the uptrend.
Hindustan Construction Company Ltd. (CMP: Rs 30.85): Hindustan Construction Company is displaying positive technical indicators, including a price volume breakout, trading above key moving averages, and a rebound from a trendline. The RSI at 56.93 suggests a healthy uptrend, and the stock is currently trading within a channel. Noteworthy is the volume spike, indicating increased buying interest, reinforcing the potential for further upside movement.
Indiabulls Real Estate Ltd. (CMP: Rs 94.25): Indiabulls Real Estate is signaling a bullish trend with a price volume breakout, trading comfortably above important moving averages, and a bounce from a significant support level. The retest of a cup & handle breakout is a positive sign, and the RSI at 62.98 indicates favorable momentum. A notable volume spike supports the current uptrend, suggesting a strong possibility of continued bullish movement.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Per cent Change
|
Price
|
Volume
|
|
1
|
Reliance Power Limited
|
17.15
|
30.4
|
77,38,22,956
|
|
2
|
Hindustan Construction Company Limited
|
5.61
|
31.05
|
5,77,28,874
|
|
3
|
Indiabulls Real Estate Limited
|
6.73
|
94.35
|
4,65,19,467
|
|
4
|
Utkarsh Small Finance Bank Ltd
|
8.17
|
57.6
|
3,93,70,203
|
|
5
|
Mahanagar Telephone Nigam Limited
|
8.35
|
35.7
|
3,11,85,093
|
|
6
|
Mmtc Limited
|
8.56
|
64.7
|
2,91,32,857
|
|
7
|
Inox Green Energy Services Ltd
|
6.16
|
142.95
|
2,05,31,214
|
|
8
|
RattanIndia Enterprises Ltd
|
7.51
|
81.6
|
1,65,48,284
|
|
9
|
Allcargo Terminals Ltd
|
5.79
|
67.6
|
1,53,69,735
|
|
10
|
Sobha Limited
|
15.7
|
1295.25
|
1,42,91,410
|
|
11
|
Dlf Limited
|
6.39
|
761.4
|
1,33,12,567
|
|
12
|
Electrosteel Castings Limited
|
9.7
|
123.25
|
99,21,415
|
|
13
|
Sigachi Industries Ltd
|
5.4
|
63.45
|
97,35,897
|
|
14
|
Reliance Infrastructure Limited
|
7.62
|
231.55
|
96,71,914
|
|
15
|
Puravankara Projects Limited
|
13.59
|
215.7
|
96,44,730
|
|
16
|
Hemisphere Properties India Ltd
|
7.94
|
165.95
|
89,06,264
|
|
17
|
Swan Energy Limited
|
5.01
|
524.4
|
87,23,012
|
|
18
|
Prozone Realty Ltd
|
9.42
|
37.75
|
81,35,254
|
|
19
|
Torrent Power Limited
|
7.44
|
1014.6
|
79,75,873
|
|
20
|
TRACXN
|
6.1
|
113.95
|
78,32,725
|
Disclaimer: The article is for informational purposes only and not investment advice.