These stocks are witnessing a positive breakout; do you hold any?

Due to subpar global signals, markets began today at 16,662.55 with a bearish sentiment. In this post, we have highlighted the top stocks that are experiencing a price volume breakout.

Nifty 50 soared for the sixth time in a row on July 22. This was Nifty 50's longest winning streak since October 20, 2021. On Friday, Nifty 50 closed at 16,719.5, up 0.69 per cent (114.2 points).

Asian indices fell on Monday due to a dismal economic outlook which further dampened expectations of peak interest rates, boosting Sovereign bonds.

US equities plummeted as a result of disappointing earnings from social media corporations. Furthermore, the poor economic statistics exacerbated recession worries. Having said that, amid fears about the US economy weakening and another hefty interest rate hike from the Federal Reserve next week, the Dow and S&P 500 had their highest weekly gains in a month.

On a weekly basis, the Dow Jones gained 2 per cent and the S&P 500 gained 2.6 per cent. This was their most successful week since June 24. The tech-heavy Nasdaq, on the other hand, rose 3.3 per cent.

Nifty 50 gained 4.18 per cent on weekly basis, the most in the previous five months. In the medium term, the level of 16,800 to 17,150 might be the next resistance zone for Nifty 50, while 16,200 to 16,500 would offer decent support. Anything above 17,150 would push markets towards 17,800 to 18,400.

The following is a list of companies that have seen a price volume breakout.