Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, Benchmark indices concluded the trading day on a positive note as Sensex surged by 0.78 per cent and reached its new all-time high at 81,343.46 level, while Nifty soared by 0.76 per cent and reached its record high at 24,800.85 level. Furthermore, the broader market experienced declines, with the Nifty Mid-Cap closing down by 0.96 per cent and the Nifty Small-Cap falling by 1.22 per cent.
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Market volatility, as indicated by India VIX, has rallied by 2.02 per cent, closing below 15 this is reflecting an increase in market volatility.
Top 3 price-volume breakout stocks
Tata Teleservices (Maharashtra) Ltd: Tata Teleservices is currently trading at Rs 97.58, with a previous close of Rs 81.32, marking a 20.00 per cent change. The stock's 52-week high is Rs 109.1, reflecting a market cap of Rs 19,044.52 crore. Today, it recorded a significant traded volume of 212.75 crore shares. With a return of 50.01 per cent from its 52-week low, TTML shows signs of price volume breakout and resistance breakout, supported by a notable RSI of 82.12.
Mahanagar Telephone Nigam Ltd: Mahanagar Telephone Nigam is trading at Rs 64.08, up 20.00 per cent from its previous close of Rs 53.4. The stock has a 52-week high of Rs 64.08 and a market cap of Rs 4,082.40 crore. MTNL saw a traded volume of 140.96 crore shares today, suggesting a price volume breakout and 52-week high breakout. Its returns from the 52-week low stand impressively at 232.02 per cent, indicating multibagger potential, supported by an RSI of 86.91.
India Cements Ltd: India Cements is currently priced at Rs 346.5, with a previous close of Rs 323.15, showing a 7.23 per cent increase. The stock's 52-week high is Rs 354.35, with a market cap of Rs 10,687.01 crore. It recorded a traded volume of 57.21 lakh shares today. India Cements demonstrates a price volume breakout and 52-week high breakout, with returns from the 52-week low at 100.81 per cent and an RSI of 80.21, indicating strong bullish momentum.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Tata Teleservices (maharashtra) Ltd
|
97.31
|
21,27,52,969
|
|
2
|
Mahanagar Telephone Nigam Ltd
|
64.08
|
14,09,76,117
|
|
3
|
The India Cements Ltd
|
344.75
|
5,73,30,254
|
|
4
|
Onmobile Global Ltd
|
87.11
|
1,68,63,598
|
|
5
|
Nova Agritech Ltd
|
73.01
|
1,37,42,638
|
|
6
|
Just Dial Ltd
|
1242.1
|
1,33,06,098
|
|
7
|
Orient Cement Ltd
|
324.65
|
79,46,932
|
|
8
|
Nandan Denim Ltd
|
51.06
|
77,64,465
|
|
9
|
Ratnaveer Precision Engineering Ltd
|
189.83
|
77,10,589
|
|
10
|
Aditya Birla Money Ltd
|
183.3
|
69,62,457
|
Disclaimer: The article is for informational purposes only and not investment advice.