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 0.49 per cent and closed at 81,523.16, while Nifty declined by 0.49 per cent and closed at 24,918.45 level. Similarly, the Broader market, Nifty Mid-Cap closed lower by 0.17 per cent at 58,938.05, while Nifty Small-Cap declined by 0.81 per cent and closed at 19,161.85.
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Market volatility, as indicated by India VIX, has increased by 2.02 per cent and is trading at the level of 13.63 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks
Prism Johnson Ltd: Prism Johnson Ltd is currently trading at Rs 227.8, reflecting a 9.47 per cent increase from its previous close of Rs 208.1. The stock has reached a new 52-week high at Rs 246 with a significant trading volume of 9.68 crore shares. The market cap stands at Rs 11,646.87 crore. The stock has shown strong returns of 89.83 per cent from its 52-week low, with the RSI at 82.52, indicating a price volume breakout and a 52-week high breakout. These metrics reflect substantial activity in the stock, with a notable volume spike on the day.
Sanstar Ltd: Sanstar Ltd is trading at Rs 150.8, marking a 9.78 per cent increase from its previous close of Rs 137.37. The stock reached a new 52-week high of Rs 154.28 with a trading volume of 1.57 crore shares. The market cap is Rs 2,743.71 crore. The stock has achieved a 40.80 per cent return from its 52-week low, with the RSI at 69.66. The stock experienced a price volume breakout and a 52-week high breakout, coupled with a volume spike, indicating strong trading activity.
Zaggle Prepaid Ocean Services Ltd: Zaggle Prepaid Ocean Services Ltd is currently trading at Rs 412, up by 12.11 per cent from the previous close of Rs 367.5. The stock reached a new 52-week high at Rs 420.3 with a trading volume of 1.13 crore shares. The market cap stands at Rs 5,025.54 crore. The stock has delivered multibagger returns of 165.29 per cent from its 52-week low, and the RSI is at 72.88. The stock is witnessing a price volume breakout, a volume spike, and a 52-week high breakout, reflecting strong trading activity.
The following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
Prism Johnson Ltd
|
232.61
|
9,68,29,789
|
2
|
Sanstar Ltd
|
150.47
|
1,57,70,548
|
3
|
Zaggle Prepaid Ocean Services Ltd
|
409.35
|
1,13,30,308
|
4
|
Epack Durable Ltd
|
314.1
|
78,42,145
|
5
|
Pnb Housing Finance Limited
|
1108.35
|
74,13,704
|
6
|
Gokul Agro Resources Limited
|
302.3
|
67,25,735
|
7
|
Niraj Cement Structurals Ltd
|
71.1
|
67,18,165
|
8
|
Advanced Enzyme Technologies Limited
|
511
|
62,96,966
|
9
|
Compucom Software Limited
|
39.02
|
59,65,373
|
10
|
Sms Pharmaceuticals Limited
|
374.3
|
51,42,521
|
Disclaimer: The article is for informational purposes only and not investment advice.