Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Thursday, Benchmark indices concluded the trading day on a flat note as Sensex closed at 78,472.48, while Nifty closed up by 0.10 per cent and closed at 23,750.20 level. However, the Broader market, Nifty Midcap closed higher by 0.12 per cent at 57,125.70, while Nifty Smallcap closed lower by 0.02 per cent and closed at 18,728.65.
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Market volatility, as indicated by India VIX, rose by 6.53 per cent and is trading at the level of 14.04 reflecting a rise in market volatility.
Top 3 price-volume breakout stocks:
Intellect Design Arena Ltd: Intellect Design Arena Ltd is currently trading at Rs 1,012, up 10.56 per cent from its previous close of Rs 915.3. The stock recorded a high of Rs 1,079 during the day, with a significant traded volume of 2.68 crore shares, indicating a price-volume breakout. The stock is 15.6 per cent below its 52-week high of Rs 1,199 but has delivered a return of 46.03 per cent from its 52-week low. This movement aligns with a volume spike and a trendline breakout, reflecting strong participation in today’s session.
Niva Bupa Health Insurance Company Ltd: Niva Bupa Health Insurance Company Ltd is currently trading at Rs 81.4, rising 6.94 per cent from its previous close of Rs 76.12. The stock registered a high of Rs 83.48 today, with a traded volume of 1.19 crore shares. The stock is 25.55 per cent below its 52-week high of Rs 109.34 and has shown a return of 17.61 per cent from its 52-week low. The activity highlights a price-volume breakout and volume spike, consistent with the dynamics of a recently launched IPO.
Garuda Construction and Engineering Ltd: Garuda Construction and Engineering Ltd is trading at Rs 124.98, up 10.67 per cent from the previous close of Rs 112.93. The stock reached its 52-week high of Rs 129.8 today with a traded volume of 1.13 crore shares. It has delivered a return of 62.21 per cent from its 52-week low. The session reflects a price-volume breakout and volume spike, further supported by its recent IPO listing.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Intellect Design Arena Limited
|
1051.9
|
2,67,73,960
|
|
2
|
Niva Bupa Health Insurance Company Ltd
|
81.25
|
1,19,47,106
|
|
3
|
Garuda Construction and Engineering Ltd
|
124.39
|
1,12,91,004
|
|
4
|
Dhanlaxmi Bank Limited
|
44.21
|
90,91,163
|
|
5
|
Arkade Developers Ltd
|
171.75
|
90,02,510
|
|
6
|
KFin Technologies Ltd
|
1592.2
|
60,86,486
|
|
7
|
Pnc Infratech Limited
|
330.1
|
51,74,594
|
|
8
|
Adani Ports And Special Economic Zone Limited
|
1243.95
|
38,27,047
|
|
9
|
Medico Remedies Ltd
|
53.48
|
27,47,316
|
|
10
|
Aarti Pharmalabs Ltd
|
632.35
|
26,28,867
|
Disclaimer: The article is for informational purposes only and not investment advice.