Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, Benchmark indices concluded the trading day on a flat note as Sensex closed higher by 0.01 per cent and closed at 79,496.15, while Nifty closed lower by 0.03 per cent and closed at 24,141.30 level. Similarly, the Broader market, Nifty Midcap closed lower by 0.88 per cent at 55,853.75, while Nifty Smallcap closed lower by 1.20 per cent and closed at 18,225.15.
Market volatility, as indicated by India VIX, declined by 1.38 per cent and is trading at the level of 14.27 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
ITI Ltd: ITI Ltd is currently trading at Rs 323.4, up by 6.3 per cent from its previous close of Rs 304.24. The stock recorded a high of Rs 344.5 with a notable volume spike, trading around 1.15 crore shares, indicating heightened trading interest. This movement has positioned ITI near its 52-week high of Rs 384.3. The stock has been on a steady upward trend in recent sessions, supported by strong price-volume dynamics. ITI Ltd has gained around 54 per cent from its 52-week low, showing robust returns as it remains on a positive trajectory.
Shipping Corporation of India Ltd: Shipping Corporation of India Ltd is trading at Rs 226.79, marking a 6.79 per cent rise from its previous close of Rs 212.37. Today’s high reached Rs 243.65 with a trading volume of approximately 44.72 lakh shares, highlighting significant market interest. The stock rebounded from a support level and continues to show a price-volume breakout pattern. With returns from its 52-week low at 138.48 per cent, the stock displays multibagger returns, showcasing a strong performance over the period.
Power Finance Corporation Ltd: Power Finance Corporation Ltd is trading at Rs 480.4, up by 6.9 per cent from its previous close of Rs 449.4. The stock’s high today touched Rs 489.4, accompanied by a trading volume of 2.9 crore shares, indicating robust trading activity. It rebounded from support and shows signs of continued momentum. The returns from the 52-week low stand at 80.98 per cent, indicating significant gains. Power Finance Corporation remains close to its 52-week high of Rs 580, suggesting potential ongoing interest as it follows a price-volume breakout pattern.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Iti Ltd
|
266.49
|
3,49,23,768
|
|
2
|
Swan Energy Ltd
|
535.9
|
2,66,45,059
|
|
3
|
KRN Heat Exchanger and Refrigeration Ltd
|
592.85
|
1,12,80,335
|
|
4
|
FSN E-Commerce Ventures Ltd
|
191.54
|
86,20,244
|
|
5
|
Kec International Ltd
|
1050.7
|
72,36,590
|
|
6
|
Avalon Technologies Ltd
|
707.6
|
67,60,745
|
|
7
|
Oswal Green Tech Ltd
|
54.07
|
55,67,672
|
|
8
|
Parag Milk Foods Ltd
|
220.35
|
46,70,493
|
|
9
|
Mukka Proteins Ltd
|
45.84
|
43,57,454
|
|
10
|
Peninsula Land Ltd
|
53.55
|
29,49,585
|
Disclaimer: The article is for informational purposes only and not investment advice.