Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, Benchmark indices concluded the trading day on a positive note as Sensex closed up by 0.64 per cent at 78,540.17, while Nifty closed up by 0.70 per cent and closed at 23,753.45 level. However, the Broader market, Nifty Midcap closed higher by 0.33 per cent at 57,092.90, while Nifty Smallcap closed lower by 0.14 per cent and closed at 18,687.80.
Market volatility, as indicated by India VIX, declined by 10.29 per cent and is trading at the level of 13.52 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Intellect Design Arena Ltd: Intellect Design Arena Ltd is currently trading at Rs 961, reflecting a percent change of 17.22 per cent from its previous close of Rs 819.8. The stock has a 52-week high of Rs 1199 and has delivered returns of 38.67 per cent from its 52-week low. Today's traded volume is 2.30 crore shares, indicating a significant increase in activity. The stock witnessed a price-volume breakout with a strong move in price supported by higher trading volume.
India Cements Ltd: India Cements Ltd is currently trading at Rs 365.3, showing a 7.71 per cent percent change from its previous close of Rs 339.15. The stock is trading near its 52-week high of Rs 385 and has delivered multibagger returns of 111.71 per cent from its 52-week low. The traded volume stood at 1.93 crore shares, reflecting heightened market activity. The price-volume breakout indicates a notable rise in price and volume.
Star Cement Ltd: Star Cement Ltd is trading at Rs 237, marking an 11.35 per cent change from its previous close of Rs 212.85. The stock is near its 52-week high of Rs 256 and has provided returns of 42.64 per cent from its 52-week low. The traded volume for the day is 1.06 crore shares. The stock witnessed a price-volume breakout, with a substantial volume spike and a rise in price.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Intellect Design Arena Ltd
|
962.05
|
2,30,06,643
|
|
2
|
The India Cements Ltd
|
366.25
|
1,93,23,756
|
|
3
|
Star Cement Ltd
|
237.3
|
1,06,13,665
|
|
4
|
Sadhana Nitro Chem Ltd
|
54.36
|
58,44,254
|
|
5
|
Adani Wilmar Ltd
|
315.85
|
52,45,945
|
|
6
|
Ucal Ltd
|
235.3
|
43,81,324
|
|
7
|
Sterling & Wilson Renewable Energy Ltd
|
467.6
|
42,64,153
|
|
8
|
Amber Enterprises India Ltd
|
6907.8
|
32,46,014
|
|
9
|
Emmbi Industries Ltd
|
168.96
|
26,70,517
|
|
10
|
Bsl Ltd
|
327.48
|
21,66,798
|
Disclaimer: The article is for informational purposes only and not investment advice.