Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
In today's intraday trading session, the Nifty 50 index opened at 21,653.60, showcasing a slightly bearish sentiment from the previous close. The market witnessed a relatively narrow trading range, with the index fluctuating between a low of 21,517.85 and a high of 21,724.45. The marginal change of 31.85 points, equivalent to 0.15 per cent, suggests a subdued market movement.
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Top 3 price-volume breakout stocks
IRB Infrastructure Developers Ltd: The stock of IRB Infrastructure Developers Ltd demonstrated a strong bullish momentum with a price volume breakout, trading above all crucial moving averages. The recent bounce from the trendline and 52-week breakout further indicate positive sentiment. The RSI at 71.30 suggests an uptrend, and a notable volume spike adds confirmation to the bullish move. The current price at 45.9 is 8.90 per cen higher than the previous close, showcasing a robust performance.
NBCC (India) Ltd: NBCC (India) Ltd displayed a bullish trend as it witnessed a price volume breakout and remained above all significant moving averages. The bounce from the 20-day EMA underlines the stock's strength, with an RSI of 69.33 indicating positive momentum. The observed volume spike further validates the upward movement. The current price at 91.15 represents a 7.17 per cent increase from the previous close.
DCW Limited: DCW Limited exhibited a strong price volume breakout, along with a bounce from both the trendline and the 200-day EMA, highlighting its bullish stance. The RSI at 73.73 suggests favorable momentum, and a notable volume spike supports the upward movement. The basing chart pattern formation and the presence of a minor resistance at Rs 65.80 provide additional insights. The current price at 62.55 reflects a significant 9.64 per cent gain from the previous close.
The following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Per cent Change
|
Price
|
Volume
|
1
|
Irb Infrastructure Developers Limited
|
9.13
|
46
|
17,14,94,774
|
2
|
Nbcc (india) Limited
|
7.41
|
91.35
|
9,59,05,875
|
3
|
Dcw Limited
|
9.9
|
62.7
|
4,27,48,729
|
4
|
FSN E-Commerce Ventures Ltd
|
5.99
|
187.5
|
3,42,98,241
|
5
|
Easy Trip Planners Ltd
|
5.65
|
45.8
|
13,51,83,103
|
6
|
Pnb Gilts Limited
|
18.4
|
115.2
|
2,91,89,251
|
7
|
Ashoka Buildcon Limited
|
12.67
|
161.85
|
2,55,31,279
|
8
|
Gujarat State Fertilizers & Chemicals Limited
|
6.37
|
291.3
|
2,40,34,739
|
9
|
Gujarat Mineral Development Corporation Limited
|
6.01
|
478.9
|
2,05,23,297
|
10
|
Jsw Energy Limited
|
8.44
|
454.85
|
1,50,22,810
|
11
|
Sequent Scientific Limited
|
6
|
141.25
|
1,04,38,713
|
12
|
Visaka Industries Limited
|
6.28
|
97.35
|
89,01,118
|
13
|
M K Proteins Ltd
|
15.49
|
78.65
|
80,48,885
|
14
|
Motisons Jewellers Ltd
|
19.99
|
157.55
|
78,67,761
|
15
|
Borosil Renewables Ltd
|
9.47
|
508.6
|
62,66,782
|
16
|
Suryoday Small Finance Bank Ltd
|
9.72
|
175.6
|
51,72,107
|
17
|
Indbank Merchant Banking Services Limited
|
11.86
|
43.4
|
42,09,855
|
18
|
Bannari Amman Spinning Mills Limited
|
6.92
|
53.3
|
40,72,473
|
19
|
Kamdhenu Ventures Ltd
|
6.4
|
186.25
|
39,98,788
|
20
|
Yatra Online Ltd
|
8.34
|
165.7
|
32,13,297
|
Disclaimer: The article is for informational purposes only and not investment advice.