Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Benchmark indexes had a poor day's trading on Monday. The Sensex ended the day at 72,790.14, down 0.48 percent, while the Nifty fell by 0.41 percent to settle at 22,122.05, the same level. In a similar vein, the Broader market saw slight losses as Nifty Mid-Cap ended the day down 0.05 per cent while Nifty Small-Cap fell by 0.01 per cent.
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The India VIX, which measures market volatility, has decreased by 4.21 per cent, indicating a rise in market volatility.
Top 3 price-volume breakout stocks
Infibeam Avenues Ltd: Today, Infibeam Avenues saw a positive movement, with the stock trading at Rs 36.9, marking a 6.96 per cent increase from the previous close of Rs 34.5. The stock has been showing signs of strength, bouncing back from its 20-day Exponential Moving Average (EMA) a while ago. Currently, it's nearing its 52-week high, making it a potential breakout candidate. The Relative Strength Index (RSI) is at 77.69, indicating bullish sentiment. Additionally, there's been a notable volume spike, suggesting increased interest from traders.
Zaggle Prepaid Ocean Services Ltd: Zaggle Prepaid Ocean Services had a strong trading session, reaching Rs 339.95, a significant 18.49 per cent increase from the previous close of Rs 286.9. The stock has displayed strong momentum, with a price volume breakout and base breakout occurring well before today's session. The RSI stands at 76.21, indicating bullish sentiment, and there's been a notable volume spike, reflecting increased activity. The stock also respected its 20-day EMA, adding to the positive outlook.
Kellton Tech Solutions Ltd: Kellton Tech Solutions witnessed positive movement, trading at Rs 109.1, up by 9.32 per cent from the previous close of Rs 99.8. The stock showed a price volume breakout and is currently finding support on a long-term trendline. It also bounced back from its 50-day EMA, indicating resilience. The RSI, at 63.19, suggests bullish sentiment. A volume spike further underscores increased trader interest in the stock.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Infibeam Incorporation Limited
|
36.75
|
9,10,21,517
|
|
2
|
Zaggle Prepaid Ocean Services Ltd
|
340.5
|
1,38,44,384
|
|
3
|
Kellton Tech Solutions Limited
|
108.55
|
1,10,15,477
|
|
4
|
Indo Count Industries Limited
|
351.85
|
90,97,174
|
|
5
|
Adani Energy Solutions Ltd
|
1176.15
|
89,52,639
|
|
6
|
PB Fintech Ltd
|
1098.85
|
55,65,709
|
|
7
|
Greenply Industries Limited
|
277.5
|
54,83,114
|
|
8
|
Ideaforge Technology Ltd
|
832.1
|
47,49,307
|
|
9
|
Pnb Gilts Limited
|
113.75
|
41,85,019
|
|
10
|
RPTECH
|
383.6
|
32,17,345
|
Disclaimer: The article is for informational purposes only and not investment advice.