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 1.03 per cent and closed at 78,675.18, while Nifty closed lower by 1.07 per cent and closed at 23,883.45 level. Similarly, the Broader market, Nifty Midcap closed lower by 1.07 per cent at 55,257.50, while Nifty Smallcap closed lower by 1.28 per cent and closed at 17,991.60.
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Market volatility, as indicated by India VIX, rose by 2.24 per cent and is trading at the level of 14.59 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
Jubilant FoodWorks Ltd: Currently trading at Rs 638.5, Jubilant FoodWorks Ltd has seen a significant rise in price, with a volume spike reaching 1.87 crore shares, suggesting strong activity in today’s session. This trading level marks a 6.06 per cent increase from its previous close of Rs 602, reflecting positive momentum. The stock price has crossed both the 50-day and 20-day EMA, signaling a potential bullish trend. The company’s market cap stands at Rs 41,851.63 crore. With a 52-week high of Rs 715.45, the stock has generated a 51.64 per cent return from its 52-week low, indicating steady growth.
UNO Minda Ltd: Currently trading at Rs 984.4, UNO Minda Ltd observed a volume surge to 87.93 lakh shares, indicating a high level of activity in today’s trading. The stock rose by 6.79 per cent from its previous close of Rs 921.85, showing strong buying interest. It also broke past both its 50-day and 20-day EMA levels, adding to the positive technical trend. With a market cap of Rs 53,724.51 crore, the stock is close to its 52-week high of Rs 1,255. Importantly, returns from its 52-week low stand at 935.12 per cent, marking multibagger returns, which highlights significant gains over the period.
Orient Technologies Ltd: Currently trading at Rs 420, Orient Technologies Ltd experienced a volume spike, reaching 47.24 lakh shares in today's session, suggesting increased market participation. The stock price saw a 7.89 per cent rise from its previous close of Rs 389.3, achieving its 52-week high of Rs 449.65. With a market cap of Rs 1,758.20 crore, the company has a return of 70.01 per cent from its 52-week low, signaling a notable uptrend over the year.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Jubilant Foodworks Ltd
|
638.5
|
1,87,16,203
|
|
2
|
Uno Minda Ltd
|
982.2
|
87,92,464
|
|
3
|
ORIENTTECH
|
420
|
47,23,620
|
|
4
|
DEEDEV
|
286.5
|
39,10,666
|
|
5
|
Pnb Gilts Ltd
|
121
|
35,86,208
|
|
6
|
HMA Agro Industries Ltd
|
45.34
|
30,77,225
|
|
7
|
HLE Glascoat Ltd
|
387.95
|
29,28,650
|
|
8
|
The State Trading Corporation Of India Ltd
|
166.01
|
21,55,737
|
|
9
|
Kiocl Ltd
|
391
|
20,13,815
|
|
10
|
Magnum Ventures Ltd
|
54.05
|
10,97,251
|
Disclaimer: The article is for informational purposes only and not investment advice.