Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, Benchmark indices concluded the trading day on a positive note as Sensex surged by 0.09 per cent and closed at 81,785.56 level, while Nifty gained by 0.14 per cent and closed at 25,052.35 level. Whereas the Broader market experienced gains as Nifty Midcap closed lower by 0.12 per cent after level, while Nifty Smallcap also declined by 0.07 per cent.
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Market volatility, as indicated by India VIX, has surged by 2.33 per cent and is trading above the level of 13.5 reflecting an increase in market volatility.
Top 3 price-volume breakout stocks
NBCC (India) Ltd: NBCC (India) Ltd is currently trading at Rs 195, showing a 9.77 per cent increase from the previous close of Rs 177.64. The stock made a new 52-week high at Rs 209.75 today, with a trading volume of approximately 29.74 crore shares, indicating a price-volume breakout and a volume spike. The company has a market cap of Rs 35,280.02 crore and has delivered multibagger returns of 297.96 per cent from its 52-week low. The RSI is currently at 62.55.
IFCI Ltd: IFCI Ltd is trading at Rs 76.6, up 8.42 per cent from the previous close of Rs 70.65. The stock's trading volume reached around 12.05 crore shares, signaling a price-volume breakout and a volume spike. It recently bounced from its 50-day EMA. With a market cap of Rs 20,062.10 crore, IFCI Ltd has provided multibagger returns of 441.34 per cent from its 52-week low. The RSI stands at 57.22.
Shriram Properties Ltd: Shriram Properties Ltd is currently trading at Rs 137.5, reflecting a 5.88 per cent increase from the previous close of Rs 129.86. The stock has reached a new 52-week high of Rs 141.89 with a trading volume of about 1.48 crore shares, pointing to a price-volume breakout and a volume spike. The market cap is Rs 2,337.56 crore, and the stock has achieved a return of 70.81 per cent from its 52-week low. The RSI is at 73.07.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
NBCC (india) Ltd
|
195.71
|
29,73,66,291
|
|
2
|
IFCI Ltd
|
76.75
|
12,05,01,533
|
|
3
|
Shriram Properties Ltd
|
136.97
|
1,47,68,926
|
|
4
|
Geojit Financial Services
|
128.68
|
1,01,32,944
|
|
5
|
Datamatics Global Services Ltd
|
707.15
|
54,38,707
|
|
6
|
Bhageria Industries Ltd
|
236.36
|
52,75,400
|
|
7
|
Kronox Lab Sciences Ltd
|
176.23
|
48,51,867
|
|
8
|
Renaissance Global Ltd
|
108.11
|
45,49,074
|
|
9
|
Gulshan Polyols Ltd
|
219.71
|
37,91,846
|
|
10
|
Kcp Sugar And Industries Corporation Ltd
|
54.18
|
36,49,663
|
Disclaimer: The article is for informational purposes only and not investment advice.