Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

These three stocks were the top gainers on BSE in the pre-opening session today.

On Friday, the market showed muted sentiment. The benchmark indices concluded the trading day on a positive note, with the Sensex soared by 1.62 per cent to 81,332.72, while the Nifty rallied by 1.76 per cent to 24,834.85. Furthermore, the broader market zoomed, with the Nifty Mid-Cap closing up by 1.81 per cent and the Nifty Small-Cap increased by 0.97 per cent.

Market volatility, as indicated by India VIX, has reduced by 2.93 per cent, closing below 13 this is reflecting an decrease in market volatility.

Top 3 price-volume breakout stocks

SJVN Ltd: SJVN Ltd is currently trading at Rs 148, marking a 4.93 per cent increase from its previous close of Rs 141.04. With a trading volume of approximately 10.53 crores, the stock has seen a significant spike, indicating strong investor interest. It reached a high of Rs 159.65 during the day and is very close to its 52-week high of Rs 161.45. The company boasts a market cap of Rs 58152.44 crore. SJVN has delivered multibagger returns of 180.57 per cent from its 52-week low, signaling exceptional performance. The RSI at 57.59 suggests the stock is neither overbought nor oversold, making it a balanced option for investors. The price volume breakout and volume spike indicate robust buying activity, with a notable 52-week high breakout adding to its positive momentum.

Infibeam Avenues Ltd: Infibeam Avenues Ltd is currently trading at Rs 31.47, up 9.73 per cent from its previous close of Rs 28.68. With a trading volume of around 6.94 crores, the stock has experienced a considerable volume spike, indicating a price volume breakout. The day's high was Rs 32.28, and it remains under its 52-week high of Rs 42.5. The company's market cap stands at Rs 8677.21 crore. Infibeam has achieved multibagger returns of 129.71 per cent from its 52-week low, showcasing strong performance. The RSI of 59.62 suggests it is in a moderate buying zone. The stock has pulled back from support levels and crossed both the 50-day and 20-day EMA, indicating a bullish trend. Investors are showing increased interest, as reflected by the volume surge.

Ashok Leyland Ltd: Ashok Leyland Ltd is currently trading at Rs 246.5, reflecting a 6.05 per cent increase from its previous close of Rs 232.43. The stock witnessed a trading volume of approximately 4.58 crores, indicating significant market activity and a price volume breakout. The intraday high was Rs 248.89, which matches its 52-week high, highlighting strong performance. The market cap is Rs 72354.23 crore, indicating a substantial valuation. Returns from the 52-week low stand at 56.46 per cent, showing steady growth. The RSI at 66.68 suggests the stock is nearing overbought territory. The price volume breakout and volume spike indicate robust buying interest, with a 52-week high breakout signaling positive investor sentiment.

The following is a list of stocks with a strong positive breakout:

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