Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets, after a sharp decline in early trade, recovered during the day and closed flat. The Nifty 50 ended marginally lower by 0.12 per cent at 23,045.25, while the Sensex closed down by 0.16 per cent at 76,171.08.
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
Broader market indices, however, remained under pressure. The Nifty Mid-Cap 150 slipped 0.37 per cent to 18,766.85, and the Nifty Small-Cap 250 was down by 0.70 per cent at 15,050.60.
Market volatility eased slightly, with the India VIX up 0.16 per cent to 14.90.
Top 3 price-volume breakout stocks:
Steel Authority of India Ltd (SAIL): SAIL is currently trading at Rs 105.5, up 5.48 per cent from the previous close of Rs 100.02. The stock saw a high of Rs 106.07 today with a traded volume of 4.95 crore shares. Returns from the 52-week low stand at 6.40 per cent. The stock has shown a price volume breakout with a volume spike, indicating strong participation. The 52-week high is Rs 175.35, and the market cap is Rs 43,700.96 crore.
Ashok Leyland Ltd: Ashok Leyland is currently trading at Rs 219.64, reflecting a 7.82 per cent increase from the previous close of Rs 203.71. The stock recorded a high of Rs 220.9 today, with a traded volume of 3.65 crore shares. Returns from the 52-week low stand at 39.41 per cent. The stock has shown a price volume breakout with a volume spike. The 52-week high is Rs 264.65, and the market cap is Rs 64,461.50 crore.
Inox Wind Ltd: Inox Wind is currently trading at Rs 175.6, up 5.57 per cent from the previous close of Rs 166.33. The stock reached a high of Rs 177.54 today, with a traded volume of 2.18 crore shares. Returns from the 52-week low stand at 64.02 per cent. The stock has shown a price volume breakout with a volume spike. The 52-week high is Rs 261.9, and the market cap is Rs 22,983.76 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Steel Authority Of India Ltd
|
105.75
|
4,95,68,392
|
|
2
|
Ashok Leyland Ltd
|
219.35
|
3,65,10,910
|
|
3
|
Inox Wind Ltd
|
175.74
|
2,18,62,461
|
|
4
|
Quadrant Future Tek Ltd
|
568.15
|
1,92,33,160
|
|
5
|
Campus Activewear Ltd
|
282.05
|
86,42,954
|
|
6
|
Indo Count Industries Ltd
|
323.55
|
68,20,173
|
|
7
|
Imagicaaworld Entertainment Ltd
|
73.95
|
61,93,346
|
|
8
|
Samhi Hotels Ltd
|
162.69
|
26,50,993
|
|
9
|
TVS Supply Chain Solutions Ltd
|
145.82
|
20,48,085
|
|
10
|
Va Tech Wabag Ltd
|
1500.1
|
19,83,775
|
Disclaimer: The article is for informational purposes only and not investment advice.