Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets witnessed a lackluster session, closing near the flatline with minor losses, as sectoral shifts dictated the day's trading. After an initial surge, the benchmark indices struggled to maintain momentum. The Nifty 50 closed marginally down by 0.03 per cent, settling at 22,547.55, while the Sensex decreased by 0.23 per cent, finishing at 74,625.36.
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The broader market indices reflected a negative trend. The Nifty Mid-Cap 150 declined by 0.51 per cent to 18,408.75, and the Nifty Small-Cap 250 fell by 0.45 per cent to 14,441.70. Market volatility eased slightly, with the India VIX down by 5.03 per cent to 13.72.
Top 3 price-volume breakout stocks:
Adani Power Ltd is currently trading at Rs 497, reflecting a 5.72 per cent increase from the previous close of Rs 470.1. The stock reached a high of Rs 514.8 during the session, with a trading volume of 2.52 crore shares. Returns from the 52-week low stand at 15.05 per cent. The stock experienced a price volume breakout and a volume spike, indicating strong market participation. The 52-week high is Rs 895.85, and the market capitalization is Rs 1,91,884.46 crore.
Paradeep Phosphates Ltd is currently trading at Rs 96, up 9.17 per cent from the previous close of Rs 87.94. The stock touched a high of Rs 96.78, with a trading volume of 1.11 crore shares. Returns from the 52-week low are 54.96 per cent. A price volume breakout and volume spike were observed. The 52-week high is Rs 128.29, and the market capitalization stands at Rs 7,839.53 crore.
Vijaya Diagnostic Centre Ltd is trading at Rs 1053.2, rising 14.07 per cent from the previous close of Rs 923.3. The stock reached a high of Rs 1107.95, with a trading volume of 64.71 lakh shares. Returns from the 52-week low are 76.70 per cent. A price volume breakout and volume spike were noted. The 52-week high is Rs 1275, and the market capitalization is Rs 10,938.24 crore.
Following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
Adani Power Limited
|
497.8
|
2,52,36,198
|
2
|
Paradeep Phosphates Ltd
|
96.18
|
1,11,47,415
|
3
|
Vijaya Diagnostic Centre Ltd
|
1061.95
|
64,71,297
|
4
|
Narayana Hrudayalaya Ltd.
|
1465.55
|
50,68,157
|
5
|
Zensar Technologies Limited
|
804.05
|
42,61,972
|
6
|
Texmaco Infrastructure & Holdings Limited
|
110.51
|
33,82,068
|
7
|
One Point One Solutions Ltd
|
52.6
|
25,64,101
|
8
|
Jindal Drilling And Industries Limited
|
863
|
24,61,847
|
9
|
Tata Investment Corporation Limited
|
6167.25
|
14,01,744
|
10
|
Aptech Limited
|
121.72
|
11,95,812
|
Disclaimer: The article is for informational purposes only and not investment advice.