Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian stock markets extended their winning streak for the sixth consecutive session on Monday, with banking stocks lifting the markets. Nifty 50 has erased its year-to-date (YTD) returns and closed above its 200-day exponential moving average (DEMA). However, the index is still 10 per cent down from its all-time high recorded in September 2024.
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The Sensex closed 1,071 points or 1.39 per cent higher at 77,977, while the Nifty 50 closed 307 points or 1.32 per cent higher at 23,658, supported by foreign institutional investors (FIIs) inflows in recent trading sessions. The Nifty Bank closed 1,111 points higher and settled at 51,704, recording the highest intraday gains of 2.2 per cent in the last nine months.
Broader indices closed higher, where Nifty Mid-Cap soared by 1.30 per cent, while Nifty Small-Cap ended higher by 1.10 per cent. India VIX jumped over the 13.5 mark and was up by 8.95 per cent during the day, indicating heightened volatility in the Indian markets.
Top 3 price-volume breakout stocks:
Indian Renewable Energy Dev. Agency Ltd: Indian Renewable Energy Dev. Agency Ltd saw a strong move today, currently trading at Rs 170.5, up 10.13 per cent from the previous close of Rs 154.82. The stock recorded a high of Rs 173.3 during the session. Trading volume reached 7.32 crore shares, indicating strong participation. The stock has delivered 26.30 per cent returns from its 52-week low. The price and volume breakout, along with a volume spike, suggests significant market activity.
Finolex Industries Ltd: Finolex Industries Ltd is currently trading at Rs 184.7, up 6.09 per cent from the previous close of Rs 174.1. The stock touched a high of Rs 197 during the session. Trading volume stood at 2.61 crore shares. The stock has gained 10.73 per cent from its 52-week low. The price and volume breakout, along with a volume spike, indicates notable trading interest.
Rajesh Exports Ltd: Rajesh Exports Ltd is currently trading at Rs 206.7, up 10.40 per cent from the previous close of Rs 187.22. The stock recorded a high of Rs 218.9 during the session. Trading volume was 2.09 crore shares. The stock has delivered 36.79 per cent returns from its 52-week low. The price and volume breakout, along with a volume spike, highlights increased market participation.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Indian Renewable Energy Development Agency Ltd
|
170.04
|
7,32,22,288
|
|
2
|
Finolex Industries Limited
|
185.37
|
2,61,55,542
|
|
3
|
Rajesh Exports Limited
|
212.43
|
2,09,53,422
|
|
4
|
Railtel Corporation of India Ltd
|
327.5
|
2,08,68,330
|
|
5
|
Finolex Cables Limited
|
939.05
|
1,79,19,244
|
|
6
|
Quadrant Future Tek Ltd
|
541.25
|
1,61,43,467
|
|
7
|
Jbm Auto Limited
|
662.05
|
1,33,89,877
|
|
8
|
Swan Energy Limited
|
472.85
|
1,03,19,532
|
|
9
|
Sun Pharma Advanced Research Company Limited
|
156.04
|
95,53,035
|
|
10
|
Dam Capital Advisors Ltd
|
250.37
|
68,11,653
|
Disclaimer: The article is for informational purposes only and not investment advice.