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A strong positive price-volume breakout is seen in these stocks; do you hold any?
Prajwal Wakhare
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A strong positive price-volume breakout is seen in these stocks; do you hold any?

Adani Group stocks were up 3 per cent to 15 per cent. Reports say the SEBI probe into the conglomerate is coming to an end.

The markets ended higher today, with the Sensex up 0.3 per cent and Nifty up 0.5 per cent. Midcaps were positive to close in green by 0.3 per cent and small caps were up by 0.5 per cent and also moved in lockstep. The advance-decline ratio was evenly split.

Most sectors ended in green. Oil & Gas was in positive up by 2 per cent and Metals were also in positive up by 2 per cent boosted the rally today, PSU Banks surged by 1.4 per cent, and Autos stocks zoomed by 1 per cent, witnessing healthy gains. On the flipside, Pharma dropped by 0.3 per cent and FMCG closed in red by 0.1 per cent, seeing some minor cuts.

Adani Group stocks were up 3 per cent to 15 percent. Reports say the SEBI probe into the conglomerate is coming to an end.

BSE jumped 9 per cent after Jefferies initiated coverage and slapped a buy rating on the stock. The brokerage firm sees 20 per cent upside potential.

The following is a list of stocks that have seen a strong positive breakout:

Sr. No.

Company Name

Per cent Change

CMP (Rs)

Volume

1

Adani Power Limited

12.34

446.20

6,74,82,614

2

Indian Oil Corporation Limited

4.59

108.20

6,11,27,565

3

New India Assurance Company Ltd

8.18

226.10

5,06,65,997

4

Hindustan Petroleum Corporation Limited

7.04

342.75

2,64,84,193

5

Tata Power Company Limited

4.90

270.80

2,47,45,437

6

Navkar Corporation Limited

13.44

80.60

1,74,69,067

7

Adani Wilmar Ltd

9.94

348.45

1,66,78,984

8

Tata Motors Limited

3.53

697.50

1,60,15,860

9

Adani Ports And Special Economic Zone Limited

5.30

837.70

1,59,29,818

10

Gujarat Pipavav Port Limited

5.92

144.85

1,48,40,009

 

Disclaimer: The article is for informational purposes only and not investment advice.

DSIJ’s ' Upstream Pick’ service recommends well researched contrarian stocks with high potential and high reward. If this interests you, do download the service details here.

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