Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, Benchmark indices concluded the trading day on a positive note as Sensex closed higher by 0.76 per cent and closed at 80,005.04, while Nifty closed higher by 0.65 per cent and closed at 24,339.15 level. Similarly, the Broader market, Nifty Mid-Cap closed higher by 0.83 per cent at 55,736.60, while Nifty Small-Cap closed higher by 1.20 per cent and closed at 18,062.30.
DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Market volatility, as indicated by India VIX, declined by 2.32 per cent and is trading at the level of 14.29 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Bharat Heavy Electricals Ltd: Bharat Heavy Electricals Ltd is currently trading at Rs 231.05, marking a 6.55 per cent rise from the previous close of Rs 216.85. The stock reached a high of Rs 238.5 today, supported by a substantial trading volume of 5.71 crore shares, indicating a volume spike. Trading near support levels, the stock has achieved multibagger returns of 164.06 per cent from its 52-week low, reflecting strong performance. BHEL's 52-week high stands at Rs 335.35, and with a market cap of Rs 79,980.93 crore, it remains in focus due to its significant price-volume breakout.
Canara Bank Ltd: Canara Bank Ltd is trading at Rs 101.3, up 7.49 per cent from the previous close of Rs 94.24, achieving a daily high of Rs 101.5. The day's trading volume hit 5.59 crore shares, showcasing a volume spike and a price-volume breakout. With a 52-week high of Rs 128.9, the stock’s returns from its 52-week low are 48.06 per cent, underscoring steady gains. Canara Bank’s market cap stands at Rs 91,189.67 crore, drawing attention for its recent price momentum.
Bandhan Bank Ltd: Bandhan Bank Ltd is trading at Rs 184.35, reflecting a 9.60 per cent increase from the previous close of Rs 168.21. The stock’s high today was Rs 189.68, with trading volume reaching 4.33 crore shares, marking a volume spike and a price-volume breakout. Bandhan Bank’s returns from its 52-week low are at 10.19 per cent, and the 52-week high is recorded at Rs 263.1. With a market cap of Rs 29,787.02 crore, the stock remains active, benefiting from recent trading momentum and strong volume support.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Bharat Heavy Electricals Ltd
|
229.75
|
5,71,58,352
|
|
2
|
Canara Bank
|
100.69
|
5,59,24,510
|
|
3
|
Bandhan Bank Ltd
|
184.81
|
4,33,60,257
|
|
4
|
Indian Railway Finance Corporation Ltd
|
143.48
|
3,20,84,009
|
|
5
|
Firstsource Solutions Ltd
|
372.55
|
2,59,57,799
|
|
6
|
Poonawalla Fincorp Ltd
|
319.65
|
2,01,32,719
|
|
7
|
Nbcc (india) Ltd
|
93.31
|
1,77,85,276
|
|
8
|
Dlf Ltd
|
822.9
|
1,24,05,511
|
|
9
|
Syrma SGS Technology Ltd
|
432.15
|
1,22,40,433
|
|
10
|
Hindustan Copper Ltd
|
289.95
|
1,05,24,883
|
Disclaimer: The article is for informational purposes only and not investment advice.