Price and Volume Breakout: These 3 Stocks from Ashish Kacholia’s Portfolio to Watch Today
All these 3 stocks are owned by ace investor Ashish Kacholia. Investors must keep these stocks on their radar.
If you are seeking breakout stocks, particularly among Ace Investor Ashish Kacholia’s portfolio stocks, you're in the right place. Here, you'll find three stocks to keep on the radar, as they have exhibited a price level breakout accompanied by heavy volumes on Monday.
Agarwal Industrial Corporation
On Monday, the share price of Agarwal Industrial Corporation opened at Rs 935 and reached a high of Rs 1097.85 per share on the NSE. Finally, it closed at around Rs 1082.82 per share on the NSE. Previously, the stock was encountering resistance at around Rs 940. The stock has experienced a significant price and volume breakout, trading with a notable bullish bar, as depicted in the chart below. It has generated a multibagger return of around 340 per cent in just 3 years.
Agarwal Industrial Corporation a Small-Cap company is primarily engaged in the business activities of manufacturing and trading of petrochemicals (bitumen and bituminous products), logistics of bitumen and liquefied petroleum gas, and energy generation through windmills.
Vasa Denticity
On Monday, the share price of Vasa Denticity opened the day at Rs 563.65 and reached a high of Rs 638 per share on the NSE. Finally, it closed at around Rs 620 per share on the NSE. Previously, the stock was encountering resistance at around Rs 580. On Monday, the stock experienced a significant price and volume breakout, trading with a notable bullish bar, as depicted on the chart below. Vasa Denticity Limited is in the business of marketing and distribution of a comprehensive portfolio of dental products.
StoveKraft Limited
On Monday, the share price of StoveKraft opened the day at Rs 504.95 and reached a high of Rs 548.80 per share on the BSE. Finally, it closed at around Rs 535.70 per share on the BSE. Previously, the stock was encountering resistance at around Rs 510. On Monday, the stock experienced a significant price and volume breakout, trading with a notable bullish bar, as depicted on the chart below.
StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. It manufactures a wide range of kitchen solutions under Pigeon (value), and Gilma (semi-premium) brands, and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand.
Investors must keep these stocks on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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