A strong positive price-volume breakout is seen in these stocks; do you hold any?

Prajwal Wakhare
/ Categories: Trending, Mindshare
A strong positive price-volume breakout is seen in these stocks; do you hold any?

After trading in the red for the majority of the session, Indian equities closed higher on Thursday, the day of expiry. Gains in pharma and real estate outweighed losses in bank equities, particularly PSU banks. Midcaps and smallcaps gained ground.

In today's day trading session, the market witnessed a moderate start with Nifty 50 opening at 20,108.50 and Sensex at 66,963.20. Throughout the day, both indices displayed a relatively narrow trading range, with Nifty 50 reaching a high of 20,158.70 and a low of 20,015.85, while Sensex peaked at 67,069.89 and hit a low of 66,610.35. The closing values settled at 20,133.15 for Nifty 50 and 66,988.44 for Sensex, reflecting a subtle positive momentum. The percent change was marginal, standing at 0.18 per cent for Nifty 50 and 0.13 per cent for Sensex compared to the previous close.

On the domestic front, Foreign institutional investors (FIIs) were net buyers of Indian stocks today, buying Rs 8,147.85 crore worth of shares. This helped to boost sentiment and push the markets higher.

The healthcare sector led the gains, posting an increase of 1.78 per cent. Following closely behind were the pharma and realty sectors, both exhibiting robust performances with gains more than 1.40 per cent. These sectors contributed significantly to the overall positive sentiment in the market. The private bank sector experienced a slight decline, ending the day in the red with a decrease of 0.19 per cent. Similarly, the PSU banks sector dipped in to the red, closing 1.10 per cent lower. Mid-caps and Small-Caps gained ground.

Tata technologies had an insane market debut with 140 per cent premium.

The following is a list of stocks that have seen a strong positive breakout.

Company Name Per cent Change CMP (Rs) Volume
Nbcc (india) Limited 8.71 76.10 10,82,16,222
The India Cements Limited 7.85 251.35 2,44,83,492
Navkar Corporation Limited 13.24 94.10 2,07,00,404
Poonawalla Fincorp Ltd 6.41 409.30 1,17,52,143
New India Assurance Company Ltd 10 255.20 1,15,77,826
Wockhardt Limited 6.08 345.30 46,31,956
Camlin Fine Sciences Limited 7.59 135.45 39,75,495
Sutlej Textiles And Industries Limited 6.38 63.35 37,11,635
Gufic Biosciences Limited 11.49 334.25 33,64,281
Sat Industries Ltd 8.56 117.35 31,42,050
Aegis Logistics Limited 6.62 371.95 29,94,443
Shradha Infraprojects (Nagpur) Ltd 8.36 67.40 28,00,148
Hbl Power Systems Limited 5.87 359.85 25,73,935
Visaka Industries Limited 6.56 89.30 24,01,850
AGS Transact Technologies Ltd 7.54 96.95 23,63,906
HP Adhesives Ltd 7.66 102.60 21,69,474
Genesys International Corporation Limited 8.84 412.65 21,03,021
The Great Eastern Shipping Company Limited 7.76 875.55 20,66,347
Kirloskar Oil Engines Limited 6.28 597.65 13,12,702
Supreme Industries Limited 7.52 4431.15 12,82,443

Disclaimer: The article is for informational purposes only and not investment advice.

DSIJ's DSIJ's ‘Mid Bridge’ service recommends well researched Mid-Cap stocks for smart investing. If this interests you, do download the service details here.

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