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 0.14 per cent and closed at 77,580.31, while Nifty closed lower by 0.11 per cent and closed at 23,532.70 level. However, the Broader market, Nifty Mid-Cap closed higher by 0.45 per cent at 54,043.10, while Nifty Small-Cap closed higher by 0.81 per cent and closed at 17,601.05.
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Market volatility, as indicated by India VIX, declined by 4.27 per cent and is trading at the level of 14.78 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Jio Financial Services Ltd: Jio Financial Services is currently trading at Rs 319.6, reflecting a 6.75 per cent rise from the previous close of Rs 299.4. The stock reached a high of Rs 320.5 during the session, with a traded volume of 4.28 crore shares. This volume spike indicates heightened activity compared to previous days. The stock remains 18.99 per cent below its 52-week high of Rs 394.7, with a market capitalization of Rs 2,02,320.30 crore. Returns from the 52-week low show a significant 48.62 per cent gain. The price-volume breakout observed during the session adds to the trading interest.
HFCL Ltd: HFCL Ltd is currently trading at Rs 126.85, showing a 5.10 per cent increase from the previous close of Rs 120.7. The stock touched an intraday high of Rs 128.3, with 2.92 crore shares traded. Despite this surge, it is trading 25.58 per cent below its 52-week high of Rs 171. The company’s market capitalization stands at Rs 18,334.92 crore, and the stock has delivered a 33.39 per cent return from its 52-week low. The price-volume breakout observed during the session indicates strong participation.
Network18 Media & Investments Ltd: Network18 Media is trading at Rs 84.7, up by 8.63 per cent from its previous close of Rs 77.97. It reached a high of Rs 85.99 during the session, with a traded volume of 1.42 crore shares. The stock remains 37.59 per cent below its 52-week high of Rs 135.7, with a market cap of Rs 13,042.95 crore. The stock has generated a 17.56 per cent return from its 52-week low. A price-volume breakout was noted, with increased trading activity marking the day.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Jio Financial Services Ltd
|
318.35
|
4,27,50,072
|
|
2
|
Himachal Futuristic Communications Ltd
|
126.89
|
2,91,93,373
|
|
3
|
Network18 Media & Investments Ltd
|
84.82
|
1,42,44,126
|
|
4
|
Dishman Carbogen Amcis Ltd
|
212.53
|
91,12,265
|
|
5
|
Kiri Industries Ltd
|
451.95
|
42,79,227
|
|
6
|
Camlin Fine Sciences Ltd
|
115.42
|
36,97,535
|
|
7
|
KRN Heat Exchanger and Refrigeration Ltd
|
652.2
|
34,55,186
|
|
8
|
Eicher Motors Ltd
|
4883.7
|
28,74,648
|
|
9
|
D B Realty Ltd
|
160.31
|
25,68,668
|
|
10
|
Time Technoplast Ltd
|
387.4
|
20,25,630
|
Disclaimer: The article is for informational purposes only and not investment advice.