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 down by 1.20 per cent at 79,218.05, while Nifty closed lower by 1.02 per cent and closed at 23,951.70 level. However, in the broader market, the Nifty Mid-Cap closed lower by 0.28 per cent at 58,556.25, while the Nifty Small-Cap closed lower by 0.51 per cent and closed at 19,133.10.
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Market volatility, as indicated by India VIX, rose by 0.97 per cent and is trading at the level of 14.51 reflecting a slight rise in market volatility.
Top 3 price-volume breakout stocks:
Vakrangee Ltd: Vakrangee Ltd witnessed a price-volume breakout as the stock reached its high of Rs 32.12 and closed at the same level, registering a 10 per cent increase from the previous close of Rs 29.2. The trading volume stood at approximately 4.6 crore shares, reflecting a significant surge in activity. Currently trading at Rs 32.12, the stock is close to its 52-week high of Rs 37.69. With a market capitalisation of Rs 3,467.71 crore, Vakrangee has delivered returns of 74.57 per cent from its 52-week low.
Garuda Construction and Engineering Ltd: Garuda Construction and Engineering Ltd achieved a high of Rs 119.7 before closing at Rs 113.66, marking a 10.44 per cent increase from the previous close of Rs 102.92. The stock recorded a trading volume of approximately 1.57 crore shares. Currently trading at Rs 113.66, it is nearing its 52-week high of Rs 120.99. The stock, part of a recently listed IPO, holds a market capitalisation of Rs 1,059.15 crore and has provided 47.51 per cent returns from its 52-week low.
Kfin Technologies Ltd: Kfin Technologies Ltd recorded a price-volume breakout, reaching an all-time high of Rs 1446.95 before closing at Rs 1409, a 6.04 per cent rise from the previous close of Rs 1328.7. The trading volume was approximately 73.86 lakh shares. Currently trading at Rs 1409, the stock has delivered multibagger returns of 208.82 per cent from its 52-week low. The company, with a market capitalisation of Rs 24,553.64 crore, continues to show strong trading momentum.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Eid Parry India Ltd
|
974
|
66,86,932
|
|
2
|
Garuda Construction and Engineering Ltd
|
102.92
|
57,86,895
|
|
3
|
Bajaj Healthcare Ltd
|
560
|
50,90,583
|
|
4
|
K.p.r. Mill Ltd
|
1128.5
|
46,94,582
|
|
5
|
Le Travenues Technology Ltd
|
162.7
|
46,09,644
|
|
6
|
Bharti Hexacom Ltd
|
1545.85
|
43,76,746
|
|
7
|
KFin Technologies Ltd
|
1328.7
|
41,96,851
|
|
8
|
Sutlej Textiles And Industries Ltd
|
75.1
|
31,39,372
|
|
9
|
Cosmo Films Ltd
|
1008.6
|
24,86,605
|
|
10
|
Mankind Pharma Ltd
|
2805.95
|
23,80,103
|
Disclaimer: The article is for informational purposes only and not investment advice.