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!

Nifty 50 witnessed a marginal change of 10.50 points or 0.05 per cent, closing at 21,741.90.

In today's intraday trading session, the Nifty 50 index opened at 21,727.75, showing a slightly positive sentiment. The index experienced a narrow trading range throughout the day, fluctuating between a low of 21,680.85 and a high of 21,834.35.

TradingView Chart

Despite the overall stability, the Nifty 50 witnessed a marginal change of 10.50 points or 0.05 per cent, a sharp fall in the last half hour witnessed closing at 21,741.90. This subtle movement suggests a cautious and indecisive market sentiment among traders.

DSIJ offers a service 'Technical Advisory Services' with recommendations for best swing trading stocks based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here

Top 3 price-volume breakout stocks

National Fertilizers opened the day at Rs 91.9 and experienced a strong intraday performance. The stock reached a high of Rs 101.45, showcasing a robust upward momentum. However, it also touched the day's low at Rs 91.9, indicating some volatility. The closing price stands at Rs 98.8, reflecting a significant intraday gain of 7.98 per cent. Investors seem optimistic about NFL's prospects today, with the market capitalization reaching Rs 4904.11 crore.

TradingView Chart

GSFC had a dynamic intraday session, opening at Rs 242 and soaring to an intraday high of Rs 283.85. The stock displayed resilience by not dropping below the intraday low of Rs 240.85. The closing price is Rs 272.3, marking an impressive intraday gain of 12.80 per cent. The market cap for GSFC now stands at Rs 10902.08 crore. Positive market sentiment and potential sector developments may have contributed to GSFC's strong performance today.

TradingView Chart

Castrol India witnessed active trading throughout the day. Opening at Rs 179.75, the stock reached a high of Rs 196.4, indicating substantial intraday volatility. The intraday low was at Rs 178.65. The closing price settled at Rs 190.45, with a noteworthy intraday gain of 5.95 per cent. Castrol India's market cap rose to Rs 18916.65 crore. Investors may be reacting to news or specific developments impacting the lubricant sector.

TradingView Chart

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

Sr.

Stock Name

Per cent Change

Price

Volume

1

National Fertilizers Limited

9.07

99.8

4,90,02,022

2

Gujarat State Fertilizers & Chemicals Limited

13.4

273.75

3,43,03,505

3

Castrol India Limited

6.65

191.7

2,80,02,783

4

Engineers India Limited

6.01

181.75

2,69,73,989

5

Dcb Bank Limited

9.37

145.3

2,44,40,802

6

Patel Engineering Limited

7.9

64.9

1,91,50,713

7

Gujarat Mineral Development Corporation Limited

6.33

432.75

1,55,91,243

8

Pc Jeweller Limited

7.6

50.25

1,28,64,552

9

Spacenet Enterprises India Ltd

14.42

35.7

1,06,10,483

10

Inox Green Energy Services Ltd

7.23

112.7

1,02,72,270

11

Sun Pharma Advanced Research Company Limited

7.22

307.5

75,08,787

12

Oricon Enterprises Limited

18.98

39.8

74,03,589

13

Sagar Cements Limited

13.35

288.65

71,00,975

14

Wockhardt Limited

10.69

469.7

69,47,871

15

Lic Housing Finance Limited

5.03

563.05

61,93,331

16

Himadri Speciality Chemical Limited

7.08

331.4

60,26,776

17

Tourism Finance Corporation Of India Limited

6.49

135.3

60,03,228

18

Gokul Refoils And Solvent Limited

13.16

61.05

59,33,279

19

Aditya Birla Money Limited

9.73

113.85

56,57,071

20

Gujarat Narmada Valley Fertilizers And Chemicals Limited

5.47

793.95

54,31,003

 

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

Rate this article:
3.8

DSIJ MINDSHARE

Mkt Commentary20-Dec, 2024

Swing Trading22-Dec, 2024

IPO Analysis20-Dec, 2024

Mindshare20-Dec, 2024

IPO Analysis20-Dec, 2024

Knowledge

MF15-Nov, 2024

General15-Nov, 2024

MF14-Nov, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR