Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian benchmark indices traded within a narrow range throughout the trading session, fluctuating between modest gains and losses. However, they gained much-needed momentum in today's closing trades, driven by robust gains in the FMCG, consumer durables, and healthcare sectors.
The BSE Sensex gained 0.13 per cent reaching a level of 80,905. The Nifty 50 index climbed 0.29 per cent to the 24,770 level.
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With 1,806 shares rising on the NSE and 931 shares declining, the advance-decline ratio strongly remained in favour of advances.
Top 3 price-volume breakout stocks
FSN E-Commerce Ventures Ltd: FSN E-Commerce Ventures Ltd saw significant activity with a traded volume of 10.81 crores, as its stock reached a high of Rs 228.3 and is currently trading at Rs 211.2. The previous close was at Rs 192.62, indicating a percent change of 9.65 per cent. The stock has reached its 52-week high at Rs 228.3, and with a market cap of Rs 60,365.33 crore, the returns from the 52-week low stand at 61.22 per cent. The RSI is at 68.75, suggesting that the stock is experiencing a price-volume breakout whit a volume spike and a 52-week high breakout.
CESC Ltd: CESC Ltd experienced robust trading with a volume of 4.08 crores, reaching a high of Rs 193.5 and currently trading at Rs 186.65. The previous close was at Rs 176.89, showing a percent change of 5.52 per cent. The stock is nearing its 52-week high of Rs 193.5, with a market cap of Rs 24,832.10 crore. With multibagger returns from the 52-week low at 142.09 per cent, the stock is in a price-volume breakout, experiencing a volume spike while bouncing from the 20-day and 50-day EMA. The RSI stands at 64.66.
Castrol India Limited: Castrol India Limited recorded a trading volume of 3.12 crores, reaching a high of Rs 274.4 and currently trading at Rs 268. The previous close was at Rs 250.7, reflecting a percent change of 6.90 per cent. The stock is approaching its 52-week high of Rs 279.8, with a market cap of Rs 26,552.40 crore. The returns from the 52-week low are 102.42 per cent, indicating multibagger returns. The stock is showing a price-volume breakout with a volume spike and is nearing its 52-week high while bouncing from the 20-day and 50-day EMA. The RSI is at 60.8.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
FSN E-Commerce Ventures Ltd
|
210.79
|
10,80,85,321
|
|
2
|
CESC Ltd
|
187.75
|
4,08,48,242
|
|
3
|
Castrol India Ltd
|
268.5
|
3,12,61,221
|
|
4
|
Edelweiss Financial Services Ltd
|
100.69
|
3,09,73,757
|
|
5
|
Shriram Properties Ltd
|
124.37
|
2,35,29,359
|
|
6
|
Nectar Lifesciences Ltd
|
37.37
|
2,19,26,341
|
|
7
|
Pnb Housing Finance Ltd
|
892.85
|
1,52,44,629
|
|
8
|
Adani Wilmar Ltd
|
393.55
|
1,32,25,720
|
|
9
|
TruCap Finance Ltd
|
52.95
|
1,13,07,826
|
|
10
|
PCBL Ltd
|
445.5
|
1,06,93,048
|
Disclaimer: The article is for informational purposes only and not investment advice.