Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
In today's intraday trading session, the Nifty 50 exhibited a downward trend, closing at 21,513.00 with a notable decrease of 197.80 points, reflecting a decline of 0.91 per cent.
In today's intraday trading session, the Nifty 50 exhibited a downward trend, closing at 21,513.00 with a notable decrease of 197.80 points, reflecting a decline of 0.91 per cent.
The market opened at 21,747.60 but failed to sustain the initial momentum, reaching a high of 21,763.95 and a low of 21,492.90.
Top 3 price-volume breakout stocks
TV18 Broadcast Ltd (CMP: Rs 57.4): TV18 Broadcast Ltd shows strong technical signals today. The stock has experienced a price volume breakout, with the current price at Rs 57. It is trading above all important moving averages, indicating a bullish trend. The bounce from the 50-day EMA further supports the positive sentiment. The RSI stands at 71.46, suggesting that the stock is in overbought territory. Additionally, a 52-week breakout and a notable volume spike further enhance the bullish outlook.
Network18 Media & Investments Ltd (CMP: Rs 100.9): Network18 Media & Investments Ltd displays robust technical indicators in today's session. The stock has witnessed a price volume breakout, with the current price at Rs 100. Trading above all crucial moving averages indicates a strong uptrend, complemented by an RSI of 73.96, signifying overbought conditions. The presence of a volume spike adds confirmation to the bullish momentum.
DEN Networks Ltd (CMP: Rs 63.9): DEN Networks Ltd exhibits favorable technical patterns in today's trading. The stock has witnessed a price volume breakout, with the current price at Rs 63. The bounce from the trendline and 200-day EMA provides additional support to the bullish sentiment. The RSI at 72.11 suggests overbought conditions, and a volume spike, along with an ascending triangle breakout, further strengthens the positive outlook for the stock.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Per cent Change
|
Price
|
Volume
|
|
1
|
Tv18 Broadcast Limited
|
5.34
|
57.2
|
8,49,68,499
|
|
2
|
Network18 Media & Investments Limited
|
8.06
|
100.55
|
3,97,04,312
|
|
3
|
Den Networks Limited
|
7.98
|
63.6
|
2,45,03,739
|
|
4
|
Trident Limited
|
17.85
|
48.2
|
45,46,68,901
|
|
5
|
Mmtc Limited
|
5.26
|
67.05
|
2,32,23,954
|
|
6
|
Snowman Logistics Limited
|
13.92
|
77.35
|
2,24,22,469
|
|
7
|
Sula Vineyards Ltd
|
19.42
|
662.05
|
1,63,39,597
|
|
8
|
Centrum Capital Ltd
|
12.48
|
34.7
|
1,20,82,863
|
|
9
|
Axita Cotton Ltd
|
13.53
|
33.15
|
1,12,26,619
|
|
10
|
Sigachi Industries Ltd
|
5.81
|
67.4
|
1,03,13,123
|
|
11
|
Sequent Scientific Limited
|
5.09
|
133.25
|
89,54,603
|
|
12
|
Ht Media Limited
|
9.86
|
31.2
|
82,41,380
|
|
13
|
Allcargo Terminals Ltd
|
10.6
|
76.7
|
82,01,144
|
|
14
|
Balaji Telefilms Limited
|
10.3
|
90.45
|
78,81,716
|
|
15
|
Honasa Consumer Ltd
|
6.24
|
473.45
|
62,08,737
|
|
16
|
Suven Life Sciences Limited
|
8.31
|
101.05
|
57,51,329
|
|
17
|
BAJEL
|
19.98
|
155.8
|
56,39,239
|
|
18
|
AGS Transact Technologies Ltd
|
9.95
|
106.1
|
55,79,847
|
|
19
|
Capri Global Capital Limited
|
14.61
|
889.75
|
41,39,420
|
|
20
|
Skipper Limited
|
8.34
|
261
|
31,33,373
|
Disclaimer: The article is for informational purposes only and not investment advice.