Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Tuesday's trading session saw benchmark indexes close on a high note. The Sensex ended the day at 73,095.22, slightly higher by 0.42 per cent, while the Nifty saw a 0.34 per cent increase, closing at 22,198.35. On the other hand, the Broader market had a mixed result, with Nifty Mid-Cap closing 0.12 per cent down and Nifty Small-Cap up 0.28 per cent.
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The India VIX, which measures market volatility, has increased by 0.82 per cent, which is a minor rise in market volatility.
Top 3 price-volume breakout stocks
Railtel Corporation of India Ltd: Today, Railtel Corporation of India Ltd exhibited a strong movement, bouncing back from its 50-day Exponential Moving Average (EMA). It broke out of its 52-week high, displaying bullish momentum. The price surged to Rs 468.3 from the previous close of Rs 424.85, marking a significant 10.23 per cent increase. The Relative Strength Index (RSI) stands at 68.68, indicating bullish sentiment. Additionally, there was a notable volume spike, suggesting heightened trader interest.
Jamna Auto Industries Ltd: Jamna Auto Industries Ltd saw a strong upward movement today, with a notable green candlestick. It experienced a price volume breakout and a breakout from its trading range. The stock surged to Rs 124.9 from the previous close of Rs 115.55, marking an 8.09 per cent increase. The RSI is at 62.34, indicating bullish sentiment. Moreover, there was a significant volume spike, reflecting increased trader activity.
Kellton Tech Solutions Ltd: Kellton Tech Solutions Ltd witnessed a price volume breakout and is currently finding support on a long-term trendline. It rebounded from its 50-day EMA, showcasing resilience. The stock surged to Rs 118.7 from the previous close of Rs 108.55, marking a 9.35 per cent increase. The RSI stands at 72.24, indicating bullish sentiment. Furthermore, there was a notable volume spike, suggesting growing trader interest in the stock.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Railtel Corporation of India Ltd
|
469.95
|
4,81,66,328
|
|
2
|
Jamna Auto Industries Limited
|
124.15
|
2,41,07,666
|
|
3
|
Kellton Tech Solutions Limited
|
118.45
|
1,70,43,864
|
|
4
|
Dishman Carbogen Amcis Ltd
|
254.2
|
68,73,309
|
|
5
|
Nova Agritech Ltd
|
67.4
|
58,42,025
|
|
6
|
Intellect Design Arena Limited
|
1058.7
|
52,42,229
|
|
7
|
Paisalo Digital Ltd
|
168.4
|
44,62,037
|
|
8
|
Spacenet Enterprises India Ltd
|
38.55
|
37,85,668
|
|
9
|
Knr Constructions Limited
|
280.9
|
31,61,353
|
|
10
|
Ester Industries Limited
|
105.65
|
30,67,519
|
Disclaimer: The article is for informational purposes only and not investment advice.