Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, the market concluded on a negative note, with the Sensex trading down by 0.73 per cent touching 78,886.22 mark, while Nifty plunged by 0.74 per cent breaking the level of 24,117.00 points. Furthermore, the broader market showed negative performance, with the Nifty Mid-Cap dipped by 0.34 per cent and the Nifty Small-Cap declined by 0.41 per cent.
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Market volatility, as indicated by India VIX, has soared by 2.67 per cent, closing below 17 this is reflecting an increase in market volatility.
Top 3 price-volume breakout stocks
Imagicaaworld Entertainment Ltd: Imagicaaworld Entertainment Ltd is currently trading at Rs 88.6, showing a gain of 6.85 per cent from the previous close of Rs 82.92. The stock has traded 185.5 lakh shares today, with the price nearing its 52-week high of Rs 90.9. This reflects a return of 106.53 per cent from the 52-week low, qualifying it as a multibagger return. The Relative Strength Index (RSI) stands at 67.97, indicating strong momentum. The recent volume spike and price volume breakout suggest increasing interest as the stock approaches its 52-week high.
Oswal Greentech Ltd: Oswal Greentech Ltd is currently trading at Rs 52.2, up by 9.21 per cent from the previous close of Rs 47.8. Today's trading volume is 148.5 lakh shares. The stock has reached a 52-week high of Rs 53, and has delivered a return of 130.97 per cent from its 52-week low, marking it as a multibagger return. With an RSI of 77.78, the stock shows significant bullish momentum. The volume spike and breakout from the 52-week high signal increased investor interest.
ITD Cementation India Ltd: ITD Cementation India Ltd is trading at Rs 537, up by 11.19 per cent from the previous close of Rs 482.95. The trading volume today is 147.9 lakh shares. The stock is approaching its 52-week high of Rs 589.95 and has returned 193.04 per cent from its 52-week low, qualifying it as a multibagger return. The RSI at 58.52 suggests a steady bullish trend, with recent price volume breakout and a bounce from the 50-day EMA indicating strong market interest.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Imagicaaworld Entertainment Ltd
|
88.57
|
1,85,52,872
|
|
2
|
Oswal Green Tech Ltd
|
52.22
|
1,48,58,404
|
|
3
|
Itd Cementation India Limited
|
534.65
|
1,47,87,870
|
|
4
|
Triveni Turbine Limited
|
688.15
|
1,03,80,297
|
|
5
|
Vishnu Prakash R Punglia Ltd
|
284.4
|
51,73,612
|
|
6
|
Nova Agritech Ltd
|
86.28
|
49,37,572
|
|
7
|
Oswal Agro Mills Ltd
|
62.06
|
46,32,697
|
|
8
|
Honasa Consumer Ltd
|
496.35
|
43,82,394
|
|
9
|
Symphony Limited
|
1656.25
|
41,37,398
|
|
10
|
VL E-Governance & IT Solutions Ltd
|
94.84
|
40,61,700
|
Disclaimer: The article is for informational purposes only and not investment advice.