Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.69 per cent and closed at 79,389.06, while Nifty closed lower by 0.56 per cent and closed at 24,205.35 level. Similarly, the Broader market, Nifty Mid-Cap closed lower by 0.40 per cent at 56,112.85, while Nifty Small-Cap closed higher by 1.15 per cent and closed at 18,602.60.
Market volatility, as indicated by India VIX, rose by 0.26 per cent and is trading at the level of 15.55 reflecting a slight rise in market volatility.
Top 3 price-volume breakout stocks:
RattanIndia Enterprises Ltd: RattanIndia Enterprises is currently trading at Rs 74.18, showing a price volume breakout with a volume spike of 4.73 crore shares. This significant increase in traded volume suggests strong investor interest. The stock bounced from a support level, reaching a daily high of Rs 75.5 and has a previous close at Rs 66.07, reflecting a percent change of 12.27 per cent. The stock is 44.04 per cent above its 52-week low, indicating a positive return trend, its 52-week high is Rs 94.85.
Piramal Pharma Ltd: Piramal Pharma currently trades at Rs 267.4 with a robust volume spike of 44.17 crore shares, marking a price volume breakout and hitting a new 52-week high of Rs 274.74. This price movement represents a per cent change of 5.91 per cent from the previous close of Rs 252.49. The stock has delivered multibagger returns, as it stands 181.18 per cent above its 52-week low.
Cipla Ltd: Cipla Ltd is trading at Rs 1553, experiencing a volume spike with 1.74 crore shares traded, indicating heightened activity. The stock reached a high of Rs 1565.95, reflecting a 9.50 per cent change from its previous close of Rs 1418.25. It is currently 33.36 per cent above its 52-week low, showing positive returns but remains below its 52-week high of Rs 1702.05. With a market cap of Rs 1,25,593.19 crore, the price volume breakout reflects an increase in investor participation as Cipla continues to draw attention in the current trading session.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
RattanIndia Enterprises Ltd
|
74.2
|
4,72,69,826
|
|
2
|
Piramal Pharma Ltd
|
268.47
|
4,41,75,730
|
|
3
|
Cipla Ltd
|
1551.75
|
1,74,47,689
|
|
4
|
Larsen & Toubro Ltd
|
3622.3
|
76,37,083
|
|
5
|
Network18 Media & Investments Ltd
|
86.4
|
53,25,599
|
|
6
|
Jupiter Wagons Ltd
|
515.75
|
52,34,804
|
|
7
|
Filatex India Ltd
|
60.51
|
34,24,573
|
|
8
|
Rushil Decor Ltd
|
36.82
|
29,96,145
|
|
9
|
Rainbow Childrens Medicare Ltd
|
1614.2
|
24,50,121
|
|
10
|
Anant Raj Ltd
|
740.8
|
23,69,315
|
Disclaimer: The article is for informational purposes only and not investment advice.