Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Nifty 50 index exhibited a marginal gain, closing at 21,618.70, reflecting a modest uptick of 73.85 points or 0.34 per cent.
In today's intraday trading session, the Nifty 50 index exhibited a marginal gain, closing at 21,618.70, reflecting a modest uptick of 73.85 points or 0.34 per cent. The market opened at 21,529.30, witnessing an initial push, with the index reaching a high of 21,641.85 during the day.
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The market experienced some fluctuations as it dipped to a low of 21,448.65. The overall intraday movement suggests a cautious yet positive sentiment among traders, with the index managing to maintain its upward trajectory despite minor fluctuations.
Top 3 price-volume breakout stocks
TV18 Broadcast Ltd: The stock of TV18 Broadcast Ltd displayed a robust technical performance today, with a price volume breakout as it surged to a high of Rs 66.2 from a low of Rs 55.25, closing at Rs 64.8. The stock is currently trading above all significant moving averages, showcasing a bullish trend. It experienced a bounce from a key support level and the 50-day EMA, reinforcing its upward momentum. The RSI stands at 77.96, indicating overbought conditions. Additionally, the stock witnessed a 52-week breakout and a notable volume spike, suggesting strong buying interest.
Rail Vikas Nigam Ltd: Rail Vikas Nigam Ltd demonstrated a commendable technical performance today, witnessing a price volume breakout as it reached a high of Rs 199.2 from a low of Rs 182.85, closing at Rs 196.95. The stock is trading above all crucial moving averages, affirming its bullish stance. A bounce from the 5-day EMA further solidified its positive momentum. With an RSI of 72.90, the stock is in overbought territory. Notably, it achieved a prior high breakout, touched an all-time high, and experienced a significant volume spike, indicating strong bullish sentiment.
Network18 Media & Investments Ltd: Network18 Media & Investments Ltd exhibited a strong technical performance today, marked by a price volume breakout, with the stock bouncing from support and the 50-day EMA. The closing price at Rs 119.4 reflects a breakout from a minor resistance level at Rs 117.55, now convincingly broken. The RSI is notably high at 83.82, suggesting overbought conditions. The stock is currently locked in an upper circuit, emphasizing the strong positive sentiment among investors. A substantial volume spike further supports the breakout, making the stock a notable performer in today's trading session.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Per cent Change
|
Price
|
Volume
|
|
1
|
Tv18 Broadcast Limited
|
15.31
|
64.4
|
23,18,27,608
|
|
2
|
Rail Vikas Nigam Ltd
|
6.53
|
197.4
|
7,25,87,866
|
|
3
|
Network18 Media & Investments Limited
|
20
|
119.4
|
5,66,79,210
|
|
4
|
Ircon International Ltd
|
6.31
|
192.85
|
4,64,81,232
|
|
5
|
Ncc Limited
|
9.52
|
193.25
|
4,19,96,680
|
|
6
|
Motisons Jewellers Ltd
|
19.99
|
189.05
|
1,29,72,880
|
|
7
|
Nlc India Limited
|
5.93
|
230.3
|
1,25,77,672
|
|
8
|
Olectra Greentech Ltd
|
11.1
|
1709.05
|
1,17,89,189
|
|
9
|
Radhika Jeweltech Ltd
|
12.1
|
51.9
|
93,31,294
|
|
10
|
Gateway Distriparks Ltd
|
8.71
|
119.85
|
75,90,935
|
|
11
|
Ufo Moviez India Limited
|
12.08
|
143.4
|
73,55,183
|
|
12
|
Sarla Performance Fibers Limited
|
12.51
|
63.85
|
72,29,440
|
|
13
|
Tanla Solutions Limited
|
10.16
|
1196.75
|
72,25,671
|
|
14
|
Welspun Living Ltd
|
5.37
|
157
|
70,80,881
|
|
15
|
Prozone Realty Ltd
|
7.36
|
38.65
|
62,73,373
|
|
16
|
Centrum Capital Ltd
|
8.42
|
36.05
|
62,08,349
|
|
17
|
Ht Media Limited
|
5.8
|
31.9
|
61,17,624
|
|
18
|
Delhivery Ltd
|
5.96
|
422.2
|
59,03,867
|
|
19
|
Anant Raj Global Ltd
|
12.03
|
170.45
|
56,51,976
|
|
20
|
Puravankara Projects Limited
|
5.93
|
233.9
|
55,26,704
|
Disclaimer: The article is for informational purposes only and not investment advice.