Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, the market concluded on a positive note, with the Sensex trading up by 1.11 per cent touching the 79,468.01 mark, while Nifty soared by 1.27 per cent breaking the level of 24,297.50 points. Furthermore, the broader market showed negative performance, with the Nifty Mid-Cap closing up by 2.45 per cent and the Nifty Small-Cap rallied by 0.39 per cent.
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Market volatility, as indicated by India VIX, has plunged by 13.73 per cent, closing below 17 this is reflecting a decrease in market volatility.
Top 3 price-volume breakout stocks
HFCL Ltd: HFCL Ltd is currently trading at Rs 138.49, up by 12.00 per cent from the previous close of Rs 123.65. The stock has experienced a volume spike with 111.53 lakh shares traded today, and it is approaching its 52-week high of Rs 140.5. The market capitalization stands at Rs 20,102.96 crore. Returns from the 52-week low are 125.19 per cent, indicating significant multibagger returns. The RSI is at 63.34, suggesting a moderately bullish trend.
Oil and Natural Gas Corporation Ltd: Oil and Natural Gas Corporation Ltd is currently trading at Rs 328.90, which represents a 7.45 per cent increase from its previous close of Rs 306.10. The stock’s trading volume is 66.11 lakh shares. It is nearing its 52-week high of Rs 344.70. The market capitalization is Rs 4,14,137.21 crore, and returns from the 52-week low are 91.11 per cent. The RSI is at 58.03, indicating a stable trend.
Edelweiss Financial Services Ltd: Edelweiss Financial Services Ltd is trading at Rs 70.19, up by 12.47 per cent from the previous close of Rs 62.41. With a trading volume of 33.83 lakh shares today, the stock is approaching its 52-week high of Rs 87.80. The market cap is Rs 6,570.23 crore. Returns from the 52-week low are 60.62 per cent, and the RSI stands at 58.72, showing a generally positive momentum.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Himachal Futuristic Communications Ltd
|
137.9
|
11,15,29,895
|
|
2
|
Oil & Natural Gas Corporation Ltd
|
329.1
|
6,61,10,716
|
|
3
|
Edelweiss Financial Services Ltd
|
70.35
|
3,38,33,488
|
|
4
|
Oil India Ltd
|
617.8
|
2,32,72,182
|
|
5
|
Indian Renewable Energy Development Agency Ltd
|
248.25
|
2,18,02,887
|
|
6
|
Jio Financial Services Ltd
|
329.75
|
2,07,55,735
|
|
7
|
Tv18 Broadcast Ltd
|
46.39
|
2,01,55,531
|
|
8
|
Bharat Heavy Electricals Ltd
|
304.6
|
1,89,12,010
|
|
9
|
Coal India Ltd
|
531.5
|
1,82,93,730
|
|
10
|
Ircon International Ltd
|
274.45
|
1,05,59,653
|
Disclaimer: The article is for informational purposes only and not investment advice.