Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.29 per cent and closed at 80,234.08, while Nifty closed higher by 0.33 per cent and closed at 24,274.90 level. However, the Broader market, Nifty Midcap closed higher by 0.64 per cent at 56,272.35, while Nifty Smallcap closed higher by 1.30 per cent and closed at 18,502.85.
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Market volatility, as indicated by India VIX, declined by 4.44 per cent and is trading at the level of 14.63 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Ola Electric Mobility Ltd: Ola Electric Mobility Ltd is currently trading at Rs 88.1, marking a 19.99 per cent rise from its previous close of Rs 73.42. The stock recorded a trading volume of 24.47 crore shares, indicating significant activity. Returns from its 52-week low stand at 32.16 per cent, though it remains far from its 52-week high of Rs 157.4. Today’s movement suggests a price-volume breakout, supported by a volume spike, as the stock rebounded from its recent 52-week low.
Sagility India Ltd: Sagility India Ltd is trading at Rs 34.35, reflecting an 8.91 per cent increase from its previous close of Rs 31.54. The trading volume for the day reached 10.39 crore shares. Returns from its 52-week low are 27.13 per cent, with the stock touching its 52-week high of Rs 34.69 during the session. The stock exhibited a price-volume breakout, backed by a volume spike, and its movement is notable as it is a recently listed company.
Adani Power Ltd: Adani Power Ltd is currently trading at Rs 525.15, showing a 19.99 per cent jump from its previous close of Rs 437.65. The stock witnessed a trading volume of 5.81 crore shares. Returns from its 52-week low are at 29.03 per cent, but the stock remains below its 52-week high of Rs 895.85. Today’s trading highlights a price-volume breakout along with a volume spike, contributing to notable interest in the stock.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Ola Electric Mobility Ltd
|
88.1
|
24,47,02,705
|
|
2
|
Sagility India Ltd
|
34.49
|
10,38,83,294
|
|
3
|
Adani Power Ltd
|
523.05
|
5,80,95,744
|
|
4
|
Swiggy Ltd
|
499.05
|
4,03,01,929
|
|
5
|
Hindustan Construction Company Ltd
|
40.96
|
3,68,68,629
|
|
6
|
Adani Ports And Special Economic Zone Ltd
|
1199.95
|
2,44,34,211
|
|
7
|
Adani Enterprises Ltd
|
2397.8
|
1,75,02,256
|
|
8
|
Engineers India Ltd
|
201.85
|
1,73,24,734
|
|
9
|
Ircon International Ltd
|
211.14
|
1,40,21,067
|
|
10
|
Adani Total Gas Ltd
|
694.05
|
1,15,57,015
|
Disclaimer: The article is for informational purposes only and not investment advice.