Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, Benchmark indices concluded the trading day on a negative note as Sensex declined by 0.16 per cent and closed at 82,948.23, while Nifty declined by 0.16 per cent and closed at 25,377.55 level. Similarly, the Broader market, Nifty Midcap closed lower by 0.71 per cent at 59,752.85, while Nifty Smallcap declined by 0.39 per cent and closed at 19,389.75.
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Market volatility, as indicated by India VIX, has surged by 6.20 per cent and is trading at the level of 13.37 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks
Reliance Infrastructure Ltd: Reliance Infrastructure Ltd is currently trading at Rs 282.73 with a traded volume of 52,200,056 shares. The previous close was Rs 235.61, marking a 20.00 per cent increase. The stock has a 52-week high of Rs 308 and a market cap of Rs 11,188.94 crore. It has returned 95.73 per cent from its 52-week low and shows a price volume breakout, volume spike, strong move, and formed a Marubozu candle today. The RSI is at 68.34.
BCL Industries Ltd: BCL Industries Ltd is trading at Rs 66.61 with a traded volume of 21,191,425 shares. The previous close was Rs 62.71, indicating a 6.22 per cent increase. The stock’s 52-week high is Rs 86.3, and it has a market cap of Rs 1,966.08 crore. It has returned 47.56 per cent from its 52-week low and shows a price volume breakout, volume spike, and is trading near its 52-week high today. The RSI is at 60.36.
DCW Ltd: DCW Ltd is trading at Rs 100.7 with a traded volume of 19,961,506 shares. The previous close was Rs 93.03, reflecting an 8.24 per cent increase. The stock has reached a 52-week high of Rs 105.39 and has a market cap of Rs 2,999.38 crore. It has returned multibagger returns of 119.15 per cent from its 52-week low and shows a price volume breakout, volume spike, and a 52-week high breakout today. The RSI is at 80.7.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Reliance Infrastructure Ltd
|
282.73
|
5,21,99,081
|
|
2
|
BCL Industries Ltd
|
66.51
|
2,11,94,185
|
|
3
|
Dcw Ltd
|
101.56
|
1,99,61,259
|
|
4
|
Graphite India Ltd
|
586.35
|
1,81,43,472
|
|
5
|
BSE (Bombay Stock Exchange)
|
3896.15
|
1,56,31,554
|
|
6
|
Hardwyn India Ltd
|
45.79
|
92,43,788
|
|
7
|
Inox Green Energy Services Ltd
|
218.16
|
75,45,518
|
|
8
|
Torrent Power Ltd
|
1932.9
|
61,72,196
|
|
9
|
National Fertilizers Ltd
|
134.12
|
61,24,762
|
|
10
|
Virinchi Ltd
|
35.27
|
51,74,486
|
Disclaimer: The article is for informational purposes only and not investment advice.