Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Tuesday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 1.15 per cent and closed at 80,220.72, while Nifty closed lower by 1.19 per cent and closed at 24,486.55 level. Similarly, in the Broader market, the Nifty Mid-Cap closed lower by 2.61 per cent at 56,174.05, while the Nifty Small-Cap closed lower by 3.92 per cent and closed at 18,061.00.
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Market volatility, as indicated by India VIX, rose by 4.22 per cent and is trading at the level of 14.34 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
City Union Bank Ltd: City Union Bank Ltd saw a significant price movement today, with a high of Rs 173 and currently trading at Rs 168.52. The previous close was Rs 150.63, marking an 11.88 per cent rise in percentage change. The trading volume reached 9.12 crore shares, indicating a volume spike. The stock is near its 52-week high of Rs 176.82, with returns from the 52-week low at 34.39 per cent. The market capitalization stands at Rs 12,488.41 crore. This price-volume breakout points towards heightened interest in the stock today.
Saurashtra Cement Ltd: Saurashtra Cement Ltd had a high of Rs 129.8 today and is currently trading at Rs 123.15. The stock rose 13.12 per cent from its previous close of Rs 108.87. The trading volume was 49.76 lakh shares, indicating a volume spike. The 52-week high for the stock is Rs 148.86, while the stock has gained 28.68 per cent from its 52-week low. The company’s market cap stands at Rs 1,385.98 crore. This price-volume breakout reflects active participation in the stock.
Diffusion Engineers Ltd: Diffusion Engineers Ltd saw strong movement today, hitting a high of Rs 489.96 and is currently trading at Rs 488. The previous close was Rs 408.3, reflecting a 19.52 per cent rise in percentage change. The trading volume reached 48.50 lakh shares, indicating a volume spike. The stock has returned 152.78 per cent from its 52-week low, marking multibagger returns. The market cap stands at Rs 1,833.13 crore. This price-volume breakout shows significant activity and momentum in the stock.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
City Union Bank Ltd
|
168.51
|
9,12,61,374
|
|
2
|
Saurashtra Cement Ltd
|
124.71
|
49,76,799
|
|
3
|
Diffusion Engineers Ltd
|
489.69
|
48,52,481
|
|
4
|
Talbros Automotive Components Ltd
|
313.8
|
25,82,188
|
|
5
|
Unichem Laboratories Ltd
|
855.75
|
25,53,046
|
Disclaimer: The article is for informational purposes only and not investment advice.