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 declined by 1.49 per cent and closed at 84,299.78, while Nifty declined by 1.41 per cent and closed at 25,810.85 level. However, the broader market, the Nifty Mid-Cap closed lower by 0.38 per cent at 60,153.80, while the Nifty Small-Cap closed lower by 0.32 per cent and closed at 19,179.65.
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Market volatility, as indicated by India VIX, rose by 6.94 per cent and is trading at the level of 12.79 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks
Vakrangee Limited: Vakrangee Limited saw a price volume breakout, with its stock reaching a 52-week high of Rs 36.5. It is currently trading at Rs 36.4, showing a significant increase from the previous close of Rs 31.56, reflecting a 15.34 per cent gain. The company experienced a substantial volume spike with 16.19 crore shares traded. Vakrangee has provided multibagger returns of 123.31 per cent from its 52-week low, driven by strong price movement and high trading volume. The stock remains near its peak, suggesting that market activity has been intense today.
JM Financial Ltd: JM Financial Ltd experienced a strong price volume breakout, with its stock price reaching Rs 154.92, a 6-year high. The stock is currently trading at Rs 151.25, up 5.85 per cent from the previous close of Rs 142.89. A volume spike was seen with 6.94 crore shares traded today. The company has achieved returns of 119.20 per cent from its 52-week low, benefiting from increased market activity and demand. The price movement and trading volume highlight the stock's performance today.
Saregama India Ltd: Saregama India Ltd experienced a price volume breakout, with its stock hitting a 52-week high of Rs 642. The stock is currently trading at Rs 625.5, showing a 10.49 per cent increase from the previous close of Rs 566.1. The trading volume surged with 1.53 crore shares exchanged, indicating strong interest in the stock. Saregama has provided multibagger returns of 102.03 per cent from its 52-week low, and the price movement reflects the ongoing strength in the market today.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Vakrangee Ltd
|
35.73
|
16,18,55,732
|
|
2
|
Jm Financial Ltd
|
150.63
|
6,93,84,363
|
|
3
|
Saregama India Ltd
|
631.75
|
1,52,53,647
|
|
4
|
Bombay Dyeing & Mfg Company Ltd
|
224.7
|
1,20,98,583
|
|
5
|
Alpa Laboratories Ltd
|
139.2
|
48,99,406
|
|
6
|
Religare Enterprises Ltd
|
291.9
|
45,82,550
|
|
7
|
Kohinoor Foods Ltd
|
51.03
|
41,43,999
|
|
8
|
Vaswani Industries Ltd
|
68.31
|
39,59,408
|
|
9
|
Maan Aluminium Ltd
|
171.38
|
38,26,698
|
|
10
|
Vishnu Prakash R Punglia Ltd
|
253.72
|
36,33,838
|
Disclaimer: The article is for informational purposes only and not investment advice.