Price Volume breakout stocks: These stocks likely to be in focus Tomorrow!

Top 3 price-volume breakout stocks

On Monday, Benchmark indices concluded the trading day on a negative note as Sensex substantially declined by 1.14 per cent and closed at 73,399.78 level, while Nifty also plunged by 1.1 per cent and closed at 22,272.50 level. Similarly, the Broader market experienced negative performance as Nifty Mid-Cap closed significantly lower by 1.57 per cent, while Nifty Small-Cap plummeted by 1.73 per cent.

Market volatility, as indicated by India VIX, has surged by 7.91 per cent, reflecting an increase in market volatility.

Top 3 price-volume breakout stocks

Oil and Natural Gas Corporation Ltd: The stock of Oil and Natural Gas Corporation Ltd rose to Rs 282.95 with a traded volume of 75,063,828 shares. Currently trading at Rs 281.10, it saw a significant increase of 5.80% from the previous close of Rs 265.70. It exhibited a price volume breakout, with a notable volume spike, and bounced back from its 50-day Exponential Moving Average (EMA). The Relative Strength Index (RSI) stands at 60.27, indicating strong momentum. With a 52-week high of Rs 284.95 and a low of Rs 150.05, the company's market cap is Rs 352,196.02 crore. Today's trading session showcased robust activity, suggesting potential positive movements ahead.

Aster DM Healthcare Ltd: Aster DM Healthcare Ltd experienced a surge, reaching Rs 558 with a traded volume of 22,716,586 shares. Currently trading at Rs 525, it marks a substantial increase of 7.54% from the previous close of Rs 488.20. The stock displayed a price volume breakout, accompanied by a notable volume spike and a 52-week breakout. With an RSI of 73.15, it exhibits strong momentum, supported by a significant gap-up opening today. The company has shown promising performance, potentially indicating further upward movements.

Capri Global Capital Ltd: Capri Global Capital Ltd surged to Rs 251.75, with a traded volume of 11,416,369 shares. Currently trading at Rs 239.50, it reflects a notable increase of 9.41% from the previous close of Rs 218.90. The stock demonstrated a price volume breakout, coupled with a significant volume spike and a breakout from its 52-week high. With an RSI of 61.38, it indicates strong momentum. The company has a 52-week high of Rs 289.25 and a low of Rs 146.90, with a market cap of Rs 20,248.53 crore. Today's trading session suggests potential bullish trends in the near term.

The following is a list of stocks with a strong positive breakout:

Disclaimer: The article is for informational purposes only and not investment advice.