Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Prajwal Wakhare

Top 3 price-volume breakout stocks

On Tuesday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.19 per cent and closed at 81,820.12, while Nifty closed lower by 0.28 per cent and closed at 25,057.35 level. However, the Broader market, Nifty Mid-Cap closed higher by 0.21 per cent at 59,593.25, while Nifty Small-Cap closed higher by 1.11 per cent and closed at 19,302.05.

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Market volatility, as indicated by India VIX, ended flat and is trading at the level of 13.

 Top 3 price-volume breakout stocks:

Network18 Media & Investments Ltd: Network18 Media & Investments Ltd showed significant movement today, reaching a high of Rs 88.62 before settling at Rs 87, up from the previous close of Rs 79.1, reflecting a 9.99 per cent increase. The stock experienced a strong price-volume breakout, with a traded volume of 3.41 crore shares. This surge came as the stock bounced from its support levels. The 52-week high for the stock is Rs 135.7, while the market capitalisation stands at Rs 9,155.98 crore. Returns from the 52-week low are currently at 32.32 per cent.

NSE:NETWORK18 Chart Image by prajwalwakhare

TV18 Broadcast Ltd: TV18 Broadcast Ltd traded at Rs 45.75, close to the day’s high of Rs 45.95, and showed a 7.88 per cent rise from the previous close of Rs 42.41. The stock recorded a volume of 3.11 crore shares, marking a price-volume breakout. Bouncing from support, the stock has been steadily recovering, with its 52-week high at Rs 68.7. The market cap of TV18 Broadcast Ltd is Rs 7,772.91 crore, and the returns from the 52-week low stand at 18.37 per cent.

NSE:TV18BRDCST Chart Image by prajwalwakhare

Angel One Ltd: Angel One Ltd saw a strong performance today, hitting a high of Rs 3,258 before closing at Rs 3,209.95. This marks a 17.88 per cent gain from the previous close of Rs 2,723.05, accompanied by a volume spike of 2.09 crore shares. The stock saw a price-volume breakout and has performed well, nearing its 52-week high of Rs 3,896. With a market cap of Rs 29,053.64 crore, the stock has delivered 58.52 per cent returns from its 52-week low.

NSE:ANGELONE Chart Image by prajwalwakhare

The following is a list of stocks with a strong positive breakout:

Sr.

Stock Name

Price

Volume

1

Network18 Media & Investments

87.09

3,41,08,519

2

Tv18 Broadcast

45.27

3,11,26,635

3

Angel One Ltd

3224.55

2,09,07,643

4

Piramal Pharma Ltd

231.52

1,69,38,234

5

Motilal Oswal Financial Services

924.45

1,57,61,619

6

Five Star Business Finance Ltd

894.75

1,02,35,165

7

Dcw

106.4

96,39,065

8

Firstsource Solutions

336.5

80,42,567

9

Premier Polyfilm

356.51

57,97,084

10

Bigbloc Construction

142.98

28,52,407

Disclaimer: The article is for informational purposes only and not investment advice.

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