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 closed lower by 1.25 per cent and closed at 77,690.96, while Nifty closed lower by 1.36 per cent and closed at 23,559.05 level. Similarly, the Broader market, Nifty Mid-Cap closed lower by 2.64 per cent at 53,800.85, while Nifty Small-Cap closed lower by 2.96 per cent and closed at 17,458.90.
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Market volatility, as indicated by India VIX, rose by 5.83 per cent and is trading at the level of 15.44 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
Windsor Machines Ltd: Windsor Machines Ltd saw a significant surge today, with a high of Rs 277.38 and closing at the same level, indicating a 10 per cent gain from its previous close of Rs 252.17. Currently trading at Rs 277.38, the stock hit a fresh 52-week high, supported by a trading volume of 26.36 lakh shares, suggesting strong investor interest. With returns of 334.76 per cent from its 52-week low, Windsor Machines has achieved multibagger returns.
Tera Software Ltd: Tera Software Ltd reached a high of Rs 155.15 and closed at the same, marking a 10 per cent increase from its previous close of Rs 141.05. Currently trading at Rs 155.15, the stock recorded a new 52-week high, supported by a trading volume of 28.13 lakh shares. With returns of 63.14 per cent from its 52-week low, Tera Software displayed a price-volume breakout and volume spike, underscoring strong market activity and momentum in today’s trading.
Dev Information Technology Ltd: Dev Information Technology Ltd reached a high of Rs 173.7 before closing slightly lower at Rs 171.2, reflecting a 14.45 per cent gain from its previous close of Rs 149.59. Currently trading at Rs 171.2, the stock remains close to its 52-week high of Rs 174.75, backed by a substantial trading volume of 29.27 lakh shares. With returns of 82.13 per cent from its 52-week low, today’s price action demonstrated a price-volume breakout and volume spike, indicating notable interest and trading momentum in the stock.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Windsor Machines Ltd
|
277.38
|
26,36,433
|
|
2
|
Tera Software Ltd
|
155.15
|
28,13,456
|
|
3
|
Dev Information Technology Ltd
|
171.2
|
29,19,646
|
|
4
|
Knr Constructions Ltd
|
307.6
|
3,20,26,428
|
Disclaimer: The article is for informational purposes only and not investment advice.