Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Tuesday, the market showed positive sentiment, with the Sensex trading up by 0.12 per cent touching 81,455.40 mark, while Nifty increased by 0.09 per cent breaking the level of 24,857.30 points. Furthermore, the broader market zoomed, with the Nifty Mid-Cap closing up by 0.45 per cent and the Nifty Small-Cap rallied by 0.86 per cent.
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Market volatility, as indicated by India VIX, has plunged by 0.50 per cent, closing below 13 this is reflecting a decrease in market volatility.
Top 3 price-volume breakout stocks
Fiberweb (India) Ltd: Fiberweb (India) Ltd is currently trading at Rs 53.55, hitting its high of Rs 53.55 with a traded volume of 44.61 lakh shares. The previous close was Rs 44.63, marking a significant percent change of 19.99 per cent. The stock has achieved its 52-week high of Rs 53.55, contributing to a market cap of Rs 154.18 crore. With returns from its 52-week low standing at 84.66 per cent, the stock showcases a price volume breakout with a noticeable volume spike, trading in a range. The RSI is at 70.71, indicating strong momentum.
Axita Cotton Ltd: Axita Cotton Ltd is currently trading at Rs 26.69, close to its high of Rs 26.98 with a massive traded volume of 3.55 crore shares. The previous close was Rs 22.84, resulting in a percent change of 16.86 per cent. The stock has a 52-week high of Rs 35.4 and a market cap of Rs 692.09 crore. It has recorded returns of 37.93 per cent from its 52-week low. The stock shows a price volume breakout with a significant volume spike and signs of a pullback. The RSI is at 65.24, suggesting a moderately strong momentum.
Rajshree Sugars & Chemicals Ltd: Rajshree Sugars & Chemicals Ltd is currently trading at Rs 81.66, just below its high of Rs 82 with a traded volume of 8.62 lakh shares. The previous close was Rs 76.86, showing a percent change of 6.25 per cent. The stock has a 52-week high of Rs 101.9 and a market cap of Rs 270.59 crore. It boasts returns of 87.51 per cent from its 52-week low. The stock has experienced a price volume breakout, a volume spike, and a 52-week high breakout. The RSI is at 75.95, indicating strong momentum.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Trident Ltd
|
40.78
|
11,37,26,131
|
|
2
|
Mmtc Ltd
|
111.41
|
6,60,70,426
|
|
3
|
FSN E-Commerce Ventures Ltd
|
200.03
|
5,32,76,763
|
|
4
|
PCBL Ltd
|
331.95
|
4,70,71,024
|
|
5
|
Paradeep Phosphates Ltd
|
94.49
|
1,85,43,560
|
|
6
|
Kansai Nerolac Paints Ltd
|
304.55
|
1,37,33,498
|
|
7
|
Greaves Cotton Ltd
|
177.41
|
1,02,90,341
|
|
8
|
Inox Green Energy Services Ltd
|
182.42
|
92,38,121
|
|
9
|
Adani Energy Solutions Ltd
|
1124.9
|
91,56,858
|
|
10
|
Jindal Saw Ltd
|
635.65
|
89,31,270
|
Disclaimer: The article is for informational purposes only and not investment advice.