Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Tuesday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.31 per cent and closed at 77,578.39, while Nifty closed higher by 0.28 per cent and closed at 23,518.50 level. However, the Broader market, Nifty Mid-Cap closed higher by 0.93 per cent at 54,548.25, while Nifty Small-Cap closed higher by 0.97 per cent and closed at 17,677.35.
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Market volatility, as indicated by India VIX, rose by 3.23 per cent and is trading at the level of 15.66 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
Zee Entertainment Enterprises Limited: Zee Entertainment Enterprises Limited is currently trading at Rs 122.4, up 6.07 per cent from its previous close of Rs 115.4. The stock touched a high of Rs 126.19 during the day, with a significant traded volume of 5.41 crore shares. The stock's 52-week high is Rs 299.7, and the market capitalization stands at Rs 11,774.65 crore. With returns of 7.03 per cent from its 52-week low, the stock is witnessing a price-volume breakout accompanied by a noticeable volume spike.
Rattanindia Enterprises Ltd: Rattanindia Enterprises Ltd is trading at Rs 63.2, marking a 5.21 per cent increase from its previous close of Rs 60.07. The stock reached a high of Rs 66 during the session, with 1.93 crore shares traded. It has a 52-week high of Rs 94.85 and a market capitalization of Rs 8,764.49 crore. The stock has delivered returns of 6.76 per cent from its 52-week low, with a price-volume breakout and volume spike noted.
Dhani Services Ltd: Dhani Services Ltd is trading near its 52-week high at Rs 67.98, showing a 6.55 per cent gain from the previous close of Rs 63.8. The stock hit a high of Rs 70.18 during the day, with a traded volume of 1.16 crore shares. The 52-week high is Rs 71.9, and the market capitalization is Rs 4,046.49 crore. With multibagger returns of 104.45 per cent from its 52-week low, the stock is experiencing a price-volume breakout along with a volume spike.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Zee Entertainment Enterprises Ltd
|
122.54
|
5,41,41,979
|
|
2
|
RattanIndia Enterprises Ltd
|
63.43
|
1,93,08,370
|
|
3
|
Dhani Services Ltd
|
69.05
|
1,16,37,459
|
|
4
|
Delhivery Ltd
|
344.25
|
77,69,626
|
|
5
|
Triveni Turbine Ltd
|
691.65
|
56,23,441
|
|
6
|
Pg Electroplast Ltd
|
675.9
|
33,76,883
|
|
7
|
Akums Drugs & Pharmaceuticals Ltd
|
580.65
|
23,11,287
|
|
8
|
Aries Agro Ltd
|
317.95
|
20,29,520
|
|
9
|
Jash Engineering Ltd
|
554.9
|
19,38,547
|
|
10
|
Hyundai Motor India Ltd
|
1829.8
|
18,24,700
|
Disclaimer: The article is for informational purposes only and not investment advice.