Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian benchmark indices showed little movement during the range-bound trading session on September 3. By the end of the day, the Sensex inched down by 4.40 points, or 0.01 per cent, settling at 82,555.44. The Nifty saw a slight gain of 1.10 points, reaching 25,279.80. Advancing shares totaled 1,909, while 1,857 shares fell, and 113 remained unchanged.
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The BSE Mid-Cap index showed slight gains, and the Small-Cap index increased by 0.5 per cent.
Top 3 price-volume breakout stocks
JM Financial Ltd: JM Financial Ltd is currently trading at Rs 118.3, showing a significant upward movement from its previous close of Rs 107.96. The stock reached a high of Rs 119.8 today, matching its 52-week high, indicating strong market interest. The traded volume for the day was 5.94 crore shares, highlighting a notable volume spike. The stock has delivered a return of 71.45 per cent from its 52-week low, demonstrating a considerable gain. With an RSI of 77.04, the stock is in an overbought zone, suggesting high buying activity. The price and volume breakout, along with the 52-week high breakout, signal strong bullish momentum.
Geojit Financial Services Ltd: Geojit Financial Services Ltd is currently trading at Rs 161.5, rising from its previous close of Rs 135.9. Today, the stock reached a new high of Rs 162.75, marking a multiyear high breakout. The traded volume was 2.64 crore shares, indicating a significant increase in market participation. The stock has shown a return of 221.71 per cent from its 52-week low, classifying it as having multibagger returns. The RSI stands at 78.25, suggesting the stock is overbought with strong buying pressure. The price and volume breakout, along with the multiyear high breakout, reflects robust market activity.
Tilaknagar Industries Ltd: Tilaknagar Industries Ltd is currently trading at Rs 303, up from the previous close of Rs 282.8. The stock touched a high of Rs 303.5 today, hitting its 52-week high, signaling a positive market trend. The traded volume for the day was 1.06 crore shares, indicating a surge in trading activity. The stock has shown a return of 71.19 per cent from its 52-week low, reflecting strong performance. With an RSI of 66.64, the stock is not yet in the overbought zone but indicates solid buying interest. The price volume breakout and 52-week high breakout suggest bullish sentiment in the market.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Jm Financial Limited
|
118.53
|
5,93,55,016
|
|
2
|
Geojit Financial Services
|
157.13
|
2,63,86,097
|
|
3
|
Tilaknagar Industries Limited
|
301.75
|
1,05,58,442
|
|
4
|
Orient Cement Limited
|
307.85
|
94,48,944
|
|
5
|
Mazagon Dock Shipbuilders Ltd
|
4454.5
|
78,75,237
|
|
6
|
Dcw Limited
|
84.09
|
65,74,912
|
|
7
|
Coral India Finance & Housing Ltd
|
72.21
|
56,46,204
|
|
8
|
Aadhar Housing Finance Ltd
|
418.95
|
52,74,655
|
|
9
|
Prism Johnson Ltd
|
175.7
|
52,23,761
|
|
10
|
Quess Corp Limited
|
832.55
|
38,02,874
|
Disclaimer: The article is for informational purposes only and not investment advice.