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

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.

DSIJ offers a service 'Pop Future Swing Trading" with recommendations for stock future swing trading tips based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here

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.

NSE:UJJIVANSFB Chart Image by prajwalwakhare

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.

NSE:HCC Chart Image by prajwalwakhare

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.

NSE:IBREALEST Chart Image by prajwalwakhare

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.

Previous Article In conversation with Neetu Kashiramka, Managing Director of VIP Industries
Next Article Ace Investor & Singer - Vijay Kedia’s Portfolio: Keep an eye on these 7 stocks that gave multibagger returns in just 1 year!
Rate this article:
3.6

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR