Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.18 per cent and closed at 81,611.41, while Nifty closed higher by 0.07 per cent and closed at 24,998.45 level. However, the Broader market, Nifty Mid-Cap closed lower by 0.28 per cent at 58,935.85, while the Nifty Small-Cap closed higher by 0.19 per cent and closed at 18,900.
Market volatility, as indicated by India VIX, fell by 4.39 per cent and is trading at the level of 13.50 reflecting a fall in market volatility.
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Top 3 price-volume breakout stocks:
Tata Teleservices (Maharashtra) Ltd: Tata Teleservices is currently trading at Rs 83.41, showing a per cent change of 5.29 per cent from the previous close of Rs 79.22. The stock reached a high of Rs 86.33 today, and the total traded volume was 3.36 crore shares. The stock has returned 28.22 per cent from its 52-week low, and its 52-week high is Rs 111.4. Today’s price movement reflects a price-volume breakout with a noticeable volume spike. The stock bounced back near its trendline.
Rashtriya Chemicals and Fertilizers Ltd: Rashtriya Chemicals and Fertilizers Ltd is currently trading at Rs 183.3, a 7.19 per cent increase from its previous close of Rs 171.01. The stock recorded a high of Rs 185.31 today, with a total traded volume of 1.75 crore shares. The company’s 52-week high stands at Rs 245, and it has delivered a 55.87 per cent return from its 52-week low. Today, the stock experienced a price-volume breakout with a volume spike.
Onmobile Global Ltd: Onmobile Global Ltd is trading at Rs 90.9, reflecting a significant per cent change of 15.90 per cent from its previous close of Rs 78.43. The stock recorded a high of Rs 92.7, with a traded volume of 1.18 crore shares. The stock has returned 52.64 per cent from its 52-week low, and the 52-week high is Rs 128.4. Onmobile experienced a price-volume breakout, and the stock bounced from its support level while crossing both the 20-day and 50-day EMAs.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Tata Teleservices (maharashtra) Ltd
|
83.79
|
3,36,94,502
|
|
2
|
Rashtriya Chemicals And Fertilizers Ltd
|
182.66
|
1,75,55,119
|
|
3
|
Onmobile Global Ltd
|
91.6
|
1,18,38,800
|
|
4
|
Dcw Ltd
|
102.79
|
1,02,67,492
|
|
5
|
D B Realty Ltd
|
192.09
|
96,40,096
|
|
6
|
Rain Industries Ltd
|
175.66
|
95,41,906
|
|
7
|
Bhansali Engineering Polymers Ltd
|
158.8
|
86,17,689
|
|
8
|
Maan Aluminium Ltd
|
227.94
|
80,86,576
|
|
9
|
Nupur Recyclers Ltd
|
131.73
|
77,69,714
|
|
10
|
Mazagon Dock Shipbuilders Ltd
|
4428.35
|
74,63,838
|
Disclaimer: The article is for informational purposes only and not investment advice.