Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
These three stocks were the top gainers on BSE in the pre-opening session today.
On Monday, Benchmark indices concluded the trading day on a negative note as Sensex closed down by 0.47 per cent at 81,748.57, while Nifty closed lower by 0.40 per cent and closed at 24,668.25 level. However, in the Broader market, Nifty Mid-Cap closed higher by 0.77 per cent at 59,443.05, while Nifty Small-Cap closed higher by 0.64 per cent and closed at 19,531.05.
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, increased by 7.43 per cent and is trading at the level of 14.02 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
Enviro Infra Engineers Ltd: Enviro Infra Engineers Ltd is trading at Rs 339.8, close to its 52-week high of Rs 340. The stock saw a significant volume of 6.94 crore shares traded today, signaling a price-volume breakout. The stock closed with a per cent change of 15.42 per cent, compared to its previous close of Rs 294.41. It has provided returns of 65.72 per cent from its 52-week low, highlighting its strong upward movement. Recently listed in the market, this IPO is showing strong momentum.
Swiggy Ltd: Swiggy Ltd is currently trading at Rs 594, with its 52-week high being Rs 612.4. The trading volume for the day was 4.81 crore shares, indicating increased activity and a price-volume breakout. The stock registered an 11.58 per cent per cent change compared to its previous close of Rs 532.35. Returns from the 52-week low stand at 51.92 per cent, reflecting steady gains since its listing. This movement marks a significant uptick in trading activity.
Vakrangee Limited: Vakrangee Limited is trading at Rs 30.56, which is also its high for the day, with a trading volume of 3.88 crore shares. The stock closed with a per cent change of 9.97 per cent compared to the previous close of Rs 27.79. Currently, it has provided returns of 66.09 per cent from its 52-week low, driven by a gap-up move and a strong price-volume breakout. Its 52-week high stands at Rs 37.69, showcasing its steady performance over time.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
EIEL
|
329.71
|
6,94,07,027
|
|
2
|
Swiggy Ltd
|
596.35
|
4,81,67,926
|
|
3
|
Vakrangee Ltd
|
30.56
|
3,88,79,656
|
|
4
|
Sun Pharma Advanced Research Company Ltd
|
230.71
|
2,23,61,401
|
|
5
|
Housing and Urban Development Corporation
|
258.37
|
1,30,19,323
|
|
6
|
Kellton Tech Solutions Ltd
|
171.64
|
73,85,441
|
|
7
|
Pudumjee Paper Products Ltd
|
227.93
|
64,15,581
|
|
8
|
Five Star Business Finance Ltd
|
704.85
|
58,36,562
|
|
9
|
Siyaram Silk Mills Ltd
|
1134.5
|
56,22,287
|
|
10
|
Avanti Feeds Ltd
|
664.3
|
51,12,729
|
Disclaimer: The article is for informational purposes only and not investment advice.