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 negative note as Sensex closed lower by 0.25 per cent and closed at 81,508.46, while Nifty closed lower by 0.24 per cent and closed at 24,619 level. However, the Broader market, Nifty Mid-Cap closed higher by 0.50 per cent at 58,998.75, while Nifty Small-Cap closed higher by 0.19 per cent and closed at 19,528.60.
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Market volatility, as indicated by India VIX, declined by 0.21 per cent and is trading at the level of 14.11 reflecting a slight fall in market volatility.
Top 3 price-volume breakout stocks:
Trident Ltd: Trident Ltd showed strong price-volume action today, with the stock currently trading at Rs 38.04, up 10.39 per cent from the previous close of Rs 34.46. The stock witnessed a significant volume of 21.82 crore shares, reflecting heightened activity. Trident has a 52-week high of Rs 52.9 and is delivering returns of 22.43 per cent from its 52-week low. The stock appears to have experienced a price-volume breakout with a notable volume spike, indicating increased market interest.
ITI Ltd: ITI Ltd is trading near its 52-week high, currently priced at Rs 371.6, rising by 15.69 per cent from the previous close of Rs 321.2. With a trading volume of 9.96 crore shares, the stock saw increased participation. Its 52-week high stands at Rs 384.3, with returns of 76.95 per cent from the 52-week low. The stock has demonstrated a price-volume breakout with a volume spike, showing significant market activity.
Enviro Infra Engineers Ltd: Enviro Infra Engineers Ltd is trading at Rs 278.6, an increase of 10.86 per cent from the previous close of Rs 251.3. The stock reached its 52-week high of Rs 284.83 today, with a trading volume of 3.71 crore shares. The returns from the 52-week low are 35.87 per cent. The stock has shown a price-volume breakout with a notable volume spike, moving higher post-listing.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Trident Ltd
|
37.99
|
21,81,53,325
|
|
2
|
Iti Ltd
|
368.1
|
9,95,99,329
|
|
3
|
EIEL
|
278.35
|
3,70,85,287
|
|
4
|
Mahanagar Telephone Nigam Ltd
|
58.13
|
2,93,13,840
|
|
5
|
Welspun Living Ltd
|
173.75
|
1,45,97,849
|
|
6
|
Kalyan Jewellers India Ltd
|
775.45
|
1,21,45,338
|
|
7
|
Gujarat Ambuja Exports Ltd
|
139.83
|
1,02,20,904
|
|
8
|
Greaves Cotton Ltd
|
213.24
|
92,72,217
|
|
9
|
Himatsingka Seide Ltd
|
210.8
|
85,12,899
|
|
10
|
Vishnu Prakash R Punglia Ltd
|
333.65
|
77,18,137
|
Disclaimer: The article is for informational purposes only and not investment advice.