Price Volume breakout stocks: These stocks likely to be in focus Tomorrow!
Top 3 price-volume breakout stocks
On Thursday, Benchmark indices concluded the trading day on a positive note as Sensex moderately gained by 0.47 per cent closing at 74,227.64 level, while Nifty also surged by 0.36 per cent and closed at 22,514.65 level. Similarly, the Broader market experienced positive performance as Nifty Mid-Cap closed marginally higher by 0.01 per cent, while Nifty Small-Cap soared by 0.45 per cent.
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Market volatility, as indicated by India VIX, has declined by 1.34 per cent, reflecting a decrease in market volatility.
Top 3 price-volume breakout stocks
Ujjivan Small Finance Bank Ltd: Today, Ujjivan Small Finance Bank's stock traded at Rs 54.45, with a significant volume spike of 41040073 shares. The price rose by 6.56 per cent from the previous close of Rs 51.1. This surge was accompanied by a price volume breakout and the price crossing the 50-day Exponential Moving Average (EMA). Additionally, the Relative Strength Index (RSI) stands at 62.17, indicating bullish momentum. The stock bounced from a support level earlier, suggesting potential strength in its current uptrend.
Hindustan Construction Company Ltd: Hindustan Construction Company saw its stock trading at Rs 38.35 today, with a traded volume of 31753981 shares. The price showed a notable increase of 6.38 per cent from its previous close at Rs 36.05. This surge was supported by a volume spike and the price crossing the 50-day EMA, indicating strong bullish momentum. The RSI at 58.30 further confirms the positive sentiment in the stock, showcasing a strong move today.
Indiabulls Real Estate Ltd: Indiabulls Real Estate Ltd demonstrated impressive strength today, reaching Rs 134.7, a 5.11 per cent increase from the previous close of Rs 128.15, amidst high trading volume. The stock showed a price volume breakout and crossed its 52-week high, supported by an RSI of 67.59, indicating bullish sentiment.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Indiabulls Real Estate Ltd
|
135.55
|
4,60,99,632
|
|
2
|
Ujjivan Small Finance Bank Ltd
|
54.3
|
4,10,57,858
|
|
3
|
Hindustan Construction Company Ltd
|
38.35
|
3,17,58,287
|
|
4
|
Shipping Corporation of India Land & Assets Ltd
|
55.25
|
2,35,36,387
|
|
5
|
Kec International Ltd
|
769.75
|
1,85,35,427
|
|
6
|
Coffee Day Enterprises Ltd
|
61.1
|
1,83,58,209
|
|
7
|
Cesc Ltd
|
137.65
|
1,68,35,758
|
|
8
|
Confidence Petroleum India Ltd
|
100
|
1,11,71,093
|
|
9
|
Gujarat Ambuja Exports Ltd
|
180.45
|
85,78,911
|
|
10
|
Suryoday Small Finance Bank Ltd
|
185.25
|
79,86,541
|
Disclaimer: The article is for informational purposes only and not investment advice.