Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets ended on a slightly negative note. Benchmark indices closed in the red, while broader market indices witnessed gains. The Nifty 50 is down 0.09 per cent at 22,913.15, and the Sensex has lost 0.27 per cent to reach 75,735.96.
Broader market indices showed strong performance. The Nifty Midcap 150 has increased by 1.31 per cent to 18,888.80, and the Nifty Smallcap 250 has risen by 1.22 per cent to 14,767.30.
Market volatility has decreased significantly, with the India VIX down 4.78 per cent to 14.68.
Top 3 price-volume breakout stocks:
NHPC Ltd is currently trading at Rs 79.89, reflecting a 7.06 per cent increase from the previous close of Rs 74.62. The stock recorded a high of Rs 80.41 during the session, with a trading volume of 5.08 crore shares. NHPC has delivered a return of 12.52 per cent from its 52-week low. The price action indicates a price-volume breakout, supported by a volume spike. The stock remains below its 52-week high of Rs 118.4.
Bank of India Ltd is currently trading at Rs 104.54, showing a 5.20 per cent rise from the previous close of Rs 99.37. It reached a high of Rs 104.99 during the session, with 1.27 crore shares traded. The stock has gained 16.09 per cent from its 52-week low, signaling a price-volume breakout. Despite the strong move, it remains below its 52-week high of Rs 157.95.
Rajesh Exports Ltd is currently trading at Rs 183.85, rising by 11.71 per cent from the previous close of Rs 164.58. The stock touched a high of Rs 189, with a trading volume of 1.22 crore shares. It has gained 19.18 per cent from its 52-week low. The stock witnessed a price-volume breakout, supported by a volume spike, but remains below its 52-week high of Rs 359.8.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Nhpc Limited
|
79.8
|
5,08,30,969
|
|
2
|
Bank Of India
|
104.74
|
1,26,57,911
|
|
3
|
Rajesh Exports Limited
|
185.88
|
1,21,67,169
|
|
4
|
Avantel Ltd
|
122.78
|
64,65,359
|
|
5
|
Indraprastha Gas Limited
|
203.61
|
61,78,786
|
|
6
|
Amara Raja Energy & Mobility Ltd
|
1045.6
|
58,31,144
|
|
7
|
Archean Chemical Industries Ltd
|
449.45
|
58,06,807
|
|
8
|
Godrej Industries Limited
|
1011.75
|
56,21,693
|
|
9
|
Thomas Cook (india) Limited
|
133.63
|
50,57,167
|
|
10
|
BSE (Bombay stock exchange)
|
5959.15
|
48,88,571
|
Disclaimer: The article is for informational purposes only and not investment advice.