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

Top 3 price-volume breakout stocks

On Saturday, Benchmark indices concluded special trading session on a positive note as Sensex moderately surged by 0.12 per cent and closed at 74,005.94 level, while Nifty also gained by 0.16 per cent and closed at 22,502.00 level. Similarly, the Broader market experienced substantial gains as Nifty Mid-Cap closed higher by 0.48 per cent, while Nifty Small-Cap soared by 0.77 per cent.

DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks 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 jumped by 2.17 per cent, reflecting an increase in market volatility.

Top 3 price-volume breakout stocks

Indian Railway Finance Corp Ltd: Indian Railway Finance Corp Ltd saw a significant move on Friday with a high of Rs 170.5 and a traded volume of 189,723,845 shares. It is currently trading at Rs 169.25, up from the previous close of Rs 157.65, marking a 7.36 per cent increase. This stock has shown multibagger returns of 391.28 per cent over the past year, with a market cap of Rs 220,880.37 crore. The stock is nearing its 52-week high of Rs 192.8, indicating strong momentum. Today's price-volume breakout, along with a volume spike, signals high investor interest, with the RSI at 67.37 suggesting it is approaching overbought levels.

IFCI Ltd: IFCI Ltd experienced a strong surge on Friday, reaching a high of Rs 61.45 with a trading volume of 76,586,296 shares. The stock is currently trading at Rs 61.45, up from the previous close of Rs 55.9, reflecting a 9.93 per cent gain. It has delivered multibagger returns of 427.47 per cent over the past year and has a market cap of Rs 16,060.52 crore. With a 52-week high of Rs 71.8, the stock's price-volume breakout and volume spike are noteworthy, and the RSI at 73.03 indicates it is in the overbought zone.

Crompton Greaves Consumer Electricals Ltd: Crompton Greaves Consumer Electricals Ltd hit a high of Rs 398.8 Friday with a notable trading volume of 51,087,530 shares. The stock is currently trading at Rs 390.4, up from the previous close of Rs 339.1, showing a significant 15.13 per cent increase. Over the past year, it has achieved returns of 53.47 per cent and holds a market cap of Rs 25,215.07 crore. The stock broke its 52-week high, reflecting strong bullish sentiment, with a price-volume breakout and a volume spike. The RSI at 84.57 indicates overbought conditions. This upward movement is a result of positive Quarterly Results.

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

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