Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
While the BSE Sensex gained positive momentum in the second half of today's trading session, the Nifty 50 Index fluctuated between marginal gains and losses throughout the day. The BSE Sensex concluded the session with a notable rise of 0.19 per cent, while the Nifty 50 edged up by 0.02 per cent.
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With 1,073 shares rising on the NSE and 1,644 shares declining, the advance-decline ratio strongly remained in favour of declines.
Top 3 price-volume breakout stocks
EPL Ltd: EPL Ltd is currently trading at Rs 243.95, reflecting a 12.04 per cent increase from its previous close of Rs 217.74. The stock recently reached a high of Rs 252.9 and has a market cap of Rs 7767.43 crore. The trading volume on Wednesday was 409.21 lakh shares. The stock shows a return of 43.84 per cent from its 52-week low. With the RSI at 65.63, the stock has experienced a price volume breakout and a volume spike, indicating bullish behavior and a potential breakout at the 52-week high.
Edelweiss Financial Services Ltd: Edelweiss Financial Services Ltd is trading at Rs 85.5, up 11.66 per cent from its previous close of Rs 76.57. The stock hit a high of Rs 89.91 and has a market cap of Rs 7711.29 crore. Wednesday's trading volume was 322.07 lakh shares. It has a return of 76.11 per cent from its 52-week low. With an RSI of 70.85, the stock is showing a price volume breakout and volume spike, having recently broken out to a new 52-week high.
Marksans Pharma Ltd: Marksans Pharma Ltd is trading at Rs 212.8, marking a 13.16 per cent increase from its previous close of Rs 188.05. The stock reached a high of Rs 217.47 and has a market cap of Rs 9708.95 crore. The trading volume on Wednesday was 195.71 lakh shares. The stock has achieved a multibagger return of 118.37 per cent from its 52-week low. With an RSI of 64.25, it is experiencing a price volume breakout, and volume spike, and has breached its 52-week high, signaling strong upward momentum.
The following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
EPL Ltd
|
243.81
|
4,09,21,454
|
2
|
Edelweiss Financial Services Ltd
|
85.77
|
3,22,14,059
|
3
|
Marksans Pharma Ltd
|
214.33
|
1,95,74,555
|
4
|
One 97 Communications Ltd
|
538.8
|
1,28,89,333
|
5
|
Time Technoplast Ltd
|
382.35
|
1,11,89,059
|
6
|
PB Fintech Ltd
|
1574.05
|
1,09,70,436
|
7
|
Sarda Energy & Minerals Ltd
|
326.45
|
97,28,913
|
8
|
Kitex Garments Ltd
|
286.2
|
63,87,808
|
9
|
Chennai Petroleum Corporation Ltd
|
965.7
|
50,28,015
|
10
|
S H Kelkar And Company Ltd
|
215.13
|
45,87,660
|
Disclaimer: The article is for informational purposes only and not investment advice.