Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Friday, Benchmark indices concluded the trading day on a negative note as Sensex closed down by 1.49 per cent at 78,041.60, while Nifty closed lower by 1.52 per cent and closed at 23,587.50 level. However, the Broader market, Nifty Mid-Cap closed lower by 2.82 per cent at 56,906.75, while Nifty Small-Cap closed lower by 2.19 per cent and closed at 18,714.30.
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Market volatility, as indicated by India VIX, rose by 3.86 per cent and is trading at the level of 15.07 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
General Insurance Corporation of India: General Insurance Corporation of India is currently trading at Rs 519.7, which reflects a 17.46 per cent increase from its previous close of Rs 442.45. The stock has touched a new 52-week high at Rs 525.5, indicating a 75.84 per cent return from its 52-week low. The traded volume for the day stands at approximately 4.39 crore shares, signaling a significant volume spike. This price-volume breakout aligns with the stock reaching its highest level for the year.
Network18 Media & Investments Ltd: Network18 Media & Investments Ltd is trading at Rs 74.1, up by 5.59 per cent compared to the previous close of Rs 70.18. The stock recorded a trading volume of around 2.48 crore shares. Although the stock's 52-week high is Rs 135.7, the current price suggests a 5.84 per cent return from its 52-week low. The day's price-volume breakout is notable due to the observed volume spike.
Aegis Logistics Ltd: Aegis Logistics Ltd is trading at Rs 835, reflecting a 10.53 per cent gain from the previous close of Rs 755.45. The stock has a traded volume of approximately 1.2 crore shares. It has achieved 152.72 per cent returns from its 52-week low, classifying it as a stock delivering multibagger returns. The stock’s 52-week high stands at Rs 970, with the day showcasing a clear price-volume breakout supported by significant volume activity.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
General Insurance Corporation of India
|
501
|
4,39,28,797
|
|
2
|
Network18 Media & Investments Ltd
|
74.34
|
2,47,45,802
|
|
3
|
Aegis Logistics Ltd
|
825.8
|
1,19,97,189
|
|
4
|
Brainbees Solutions Ltd
|
638.75
|
19,98,555
|
|
5
|
MTAR Technologies Ltd
|
1722.2
|
16,96,976
|
|
6
|
Emmbi Industries Ltd
|
155.6
|
16,62,308
|
|
7
|
Salzer Electronics Ltd
|
1596.15
|
13,41,873
|
|
8
|
Kothari Products Ltd
|
205.06
|
11,66,697
|
|
9
|
Prataap Snacks Ltd
|
1081.55
|
11,46,310
|
|
10
|
Techno Electric & Engineering Company Ltd
|
1625.15
|
8,85,491
|
Disclaimer: The article is for informational purposes only and not investment advice.