Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Prajwal Wakhare
Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Top 3 price-volume breakout stocks

On Tuesday, Benchmark indices concluded the trading day on a negative note as Sensex closed down by 1.30 per cent at 80,684.46, while Nifty closed lower by 1.35 per cent and closed at 24,336 level. However, the Broader market, Nifty Mid-Cap closed lower by 0.57 per cent at 59,101.90, while Nifty Small-Cap closed lower by 0.68 per cent and closed at 19,398.45.

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Market volatility, as indicated by India VIX, increased by 3.35 per cent and is trading at the level of 14.49 reflecting a rise in market volatility.

Top 3 price-volume breakout stocks:

Enviro Infra Engineers Ltd: Enviro Infra Engineers Ltd witnessed a strong price and volume breakout today, with the stock currently trading at Rs 376.9, up 14.31 per cent from the previous close of Rs 329.71. The stock touched a high of Rs 391.6, its 52-week high. Trading volume stood at 10.37 crore shares, reflecting significant market activity. The stock has delivered returns of 83.81 per cent from its 52-week low. The company, with a market capitalization of Rs 6,673.48 crore, continues to show strength since its recent listing, supported by volume spikes and investor participation.

Edelweiss Financial Services Ltd: Edelweiss Financial Services Ltd is trading near its 52-week high, currently at Rs 139.4, marking an 8.13 per cent rise from the previous close of Rs 128.92. The stock hit a high of Rs 139.75 today, with a traded volume of 1.33 crore shares. Returns from the 52-week low stand at 134.64 per cent, reflecting multibagger returns. The company’s market capitalization is Rs 12,766.85 crore, and today’s price movement aligns with a price and volume breakout, supported by rising volumes.

Quess Corp Ltd: Quess Corp Ltd witnessed a price volume breakout, with the stock currently trading at Rs 717, up 7.01 per cent from the previous close of Rs 670.05. The stock reached a high of Rs 739.4 during the session. Trading volume stood at 1 crore shares, indicating increased market participation. Returns from the 52-week low are at 56.04 per cent, and the market capitalization is Rs 10,661.21 crore. Today’s price action and volume spike highlight significant activity in the stock.

The following is a list of stocks with a strong positive breakout:

Sr.

Stock Name

Price

Volume

1

EIEL

380.59

10,37,95,543

2

Edelweiss Financial Services Ltd

138.64

1,33,22,412

3

Quess Corp Ltd

719.65

1,00,47,234

4

Dhanlaxmi Bank Ltd

42.53

64,24,905

5

Donear Industries Ltd

177.03

62,81,679

6

Mazagon Dock Shipbuilders Ltd

5311.25

54,71,679

7

R.p.p. Infra Projects Ltd

244.52

47,45,157

8

EMSLtd

952.55

32,85,226

9

Walchandnagar Industries Ltd

278.45

32,37,477

10

Jyoti CNC Automation Ltd

1435.9

31,13,089

 

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

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