Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, benchmark indices closed the session on a muted note as investors booked profits after recent gains. The Sensex slipped 1.59 per cent to end at 77,964.99, while the Nifty 50 declined by 1.62 per cent, settling at 23,616.05.
In the broader markets, the Nifty Mid-Cap 100 tumbled by 2.70 per cent to close at 56,366.95, while the Nifty Small-Cap 100 tanked by 3.2 per cent, finishing at 18,425.25. Volatility in the market eased further, as reflected by the India VIX, which spiked by 15.58 per cent to 15.65, indicating a sharp rise in market uncertainty.
Top 3 price-volume breakout stocks:
JTL Industries Ltd: JTL Industries Ltd is currently trading at Rs 104, reflecting a 4.75 per cent increase from the previous close of Rs 99.28. The stock recorded a high of Rs 106 during the day, with a traded volume of 89.65 lakh shares, indicating significant activity. The 52-week high for the stock stands at Rs 139, and it has delivered returns of 24.63 per cent from its 52-week low. A price-volume breakout is observed, supported by a volume spike and a double-bottom formation, suggesting a strong movement in the stock price.
KIOCL Ltd: KIOCL Ltd is currently trading at Rs 423.7, marking a 6.56 per cent increase from the previous close of Rs 397.6. The stock touched a high of Rs 453.7 during the day, with a traded volume of 58.82 lakh shares. Its 52-week high is Rs 577.35, and the stock has delivered returns of 38.37 per cent from its 52-week low. A price-volume breakout is evident, with a volume spike supporting the upward movement.
Udayshivakumar Infra Ltd: Udayshivakumar Infra Ltd is trading at Rs 55, up 8.46 per cent from the previous close of Rs 50.71. The stock hit a high of Rs 60.85 during the session, with a traded volume of 24.49 lakh shares. The 52-week high is Rs 88.5, and the stock has delivered returns of 30.95 per cent from its 52-week low. The stock has seen a price-volume breakout, with a volume spike and a crossover above the 50-day EMA, reflecting a notable movement in its price.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
JTL Industries Ltd
|
104.25
|
89,64,466
|
|
2
|
Kiocl Ltd
|
429.15
|
58,82,762
|
|
3
|
Udayshivakumar Infra Ltd
|
55.17
|
24,48,970
|
|
4
|
Vaswani Industries Ltd
|
57.45
|
19,71,814
|
|
5
|
Thyrocare Technologies Ltd
|
1008
|
9,07,130
|
|
6
|
Nureca Ltd
|
335.8
|
6,13,818
|
Disclaimer: The article is for informational purposes only and not investment advice.