Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Friday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.96 per cent and closed at 79,802.79, while Nifty closed higher by 0.91 per cent and closed at 24,131.10 level. However, the Broader market, Nifty Mid-Cap closed higher by 0.16 per cent at 56,392.65, while Nifty Small-Cap closed higher by 0.75 per cent and closed at 18,650.95.
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Market volatility, as indicated by India VIX, declined by 5.19 per cent and is trading at the level of 14.42 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Adani Energy Solutions Ltd: Adani Energy Solutions Ltd saw a high of Rs 869.75 and is currently trading at Rs 824.55, reflecting a rise of 13.44 per cent from the previous close of Rs 726.85. The traded volume for the Friday stood at approximately 3.09 crore shares, indicating a significant spike. With a market cap of Rs 95,535.73 crore, the stock is trading 40.23 per cent above its 52-week low, showing strong returns. The stock experienced a price-volume breakout alongside a notable increase in trading activity, reflecting robust market interest.
Adani Green Energy Ltd: Adani Green Energy Ltd reached a high of Rs 1368 and is currently trading at Rs 1315.05, up 20.96 per cent from its previous close of Rs 1087.2. The traded volume for the day was approximately 2.38 crore shares. With a market cap of Rs 2,05,609.11 crore, the stock is trading 51.11 per cent above its 52-week low and bounced back from a new low. A price-volume breakout and significant trading activity highlighted its market movement Friday.
Man Infraconstruction Ltd: Man Infraconstruction Ltd hit a high of Rs 236.9 and is currently trading at Rs 233.5, reflecting a 10.06 per cent increase from the previous close of Rs 212.15. The traded volume was around 2.18 crore shares. With a market cap of Rs 8,495.42 crore, the stock is trading near its 52-week high of Rs 249.3 and has delivered 39.69 per cent returns from its 52-week low. The price-volume breakout and trading activity were key aspects of its performance Friday.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Adani Energy Solutions Ltd
|
840.5
|
3,09,18,520
|
|
2
|
Adani Green Energy Ltd
|
1323.9
|
2,37,71,119
|
|
3
|
Man Infraconstruction Ltd
|
234.2
|
2,17,91,761
|
|
4
|
Paradeep Phosphates Ltd
|
111.08
|
1,16,93,355
|
|
5
|
Sigachi Industries Ltd
|
53.92
|
95,95,967
|
|
6
|
Fertilizers And Chemicals Travancore Ltd
|
1003.1
|
94,62,619
|
|
7
|
Pudumjee Paper Products Ltd
|
155.24
|
77,76,979
|
|
8
|
Piramal Pharma Ltd
|
268.75
|
2,47,96,741
|
|
9
|
Aeroflex Industries Ltd
|
213.87
|
74,80,380
|
|
10
|
PREMIERENE
|
1222.95
|
64,46,974
|
Disclaimer: The article is for informational purposes only and not investment advice.