Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity indices closed in the red on Thursday, weighed by IT stocks due to the U.S. reciprocal tariff announcement. The Sensex closed almost 322 points or 0.35 per cent lower at 77,293, while the Nifty 50 closed 42 points or 0.72 per cent lower at 23,250. The index is still trading below 200-DEMA and took support of 50-DEMA on an intraday basis. The Nifty Bank closed 250 points higher and settled at 51,597, outperforming benchmark indices.
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On the NSE, benchmark index Nifty 50 recorded a 28.31 crore volume, whereas the last 20-day average volume stands at 33.51 crore.
Broader indices traded with modest gains and closed higher, where Nifty Mid-Cap jumped by 0.21 per cent, while Nifty Small-Cap ended higher by 0.52 per cent. India VIX hovered around the 13.5 mark and was down by 0.89 per cent during the day.
Top 3 price-volume breakout stocks:
IDFC First Bank Ltd traded with high volume of 17.22 crore shares, indicating strong market activity. The stock is currently trading at Rs 60.37, up from the previous close of Rs 57.19, reflecting a percent change of 5.56 per cent. The stock has gained 14.77 per cent from its 52-week low. The day’s high was Rs 60.9, and the 52-week high stands at Rs 86.1. The stock showed a price volume breakout and a volume spike, suggesting increased participation.
Tejas Networks Ltd witnessed a traded volume of 2.79 crore shares, reflecting strong interest. The stock is currently trading at Rs 873.1, compared to the previous close of Rs 803, showing a gain of 8.73 per cent. The stock has risen 35.04 per cent from its 52-week low. The day’s high was Rs 904, and the 52-week high is Rs 1495. A price volume breakout and volume spike were observed, indicating strong momentum.
Zee Entertainment Enterprises Ltd recorded a trading volume of 1.63 crore shares, showing increased market participation. The stock is currently trading at Rs 110.1, up from the previous close of Rs 102.12, with a percent change of 7.81 per cent. The stock has gained 23.26 per cent from its 52-week low. The day’s high was Rs 110.9, while the 52-week high stands at Rs 168.7. The stock exhibited a price volume breakout and a volume spike, indicating strong movement.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
IDFC First Bank Ltd
|
60.35
|
17,22,19,370
|
|
2
|
Tejas Networks
|
876.35
|
2,79,00,527
|
|
3
|
Zee Entertainment Enterprises Limited
|
107.39
|
1,63,26,392
|
|
4
|
Vardhman Textiles Limited
|
476
|
1,46,17,736
|
|
5
|
Morepen Laboratories Limited
|
52.74
|
1,40,69,499
|
|
6
|
Paradeep Phosphates Ltd
|
118.14
|
1,21,33,137
|
|
7
|
Ujjivan Small Finance Bank Ltd
|
36.26
|
90,16,426
|
|
8
|
NACL Industries Ltd
|
130.32
|
78,47,082
|
|
9
|
Restaurant Brands Asia Ltd
|
72.2
|
71,27,874
|
|
10
|
Baazar Style Retail Ltd
|
329.26
|
66,88,092
|
Disclaimer: The article is for informational purposes only and not investment advice.