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

Top 3 price-volume breakout stocks

Indian headline indices made an attempt to reach new record highs on the bourses today, driven by strong gains in the financial services and pharma sectors, but experienced a notable decline toward the close, ultimately finishing the trading session marginally higher. FMCG, consumer durables, and metals stocks were the primary contributors to trimming the gains.

The BSE Sensex edged up by 0.02  per cent reaching a level of 81,711. The Nifty 50 index edged up by 0.03  per cent to the 25,017 level. The BSE Mid-Cap Index recorded a notable surge of 0.58  per cent, while the BSE Small-Cap Index ended the session with a 0.50  per cent gain. With 2,148 shares rising on the BSE and 1,814 shares declining, the advance-decline ratio remained in favour of advances.

Top 3 price-volume breakout stocks

Zee Entertainment Enterprises Ltd: Zee Entertainment Enterprises Limited reached a high of Rs 154.9, with a trading volume of 10.20 crore shares. The stock is currently trading at Rs 150.9, up from the previous close of Rs 135.2, marking an 11.61 per cent change. The company's market capitalisation stands at Rs 14,493.68 crore. The stock has shown a price volume breakout with a significant volume spike and has bounced back from a support level. The returns from its 52-week low are at 20.24 per cent. The Relative Strength Index (RSI) is at 62.94, indicating the stock's recent price movements.

Tata Teleservices (Maharashtra) Ltd: Tata Teleservices (Maharashtra) Ltd recorded a high of Rs 102.85, with a trading volume of 7.21 crore shares. It is currently trading at Rs 100.45, up from the previous close of Rs 92.34, reflecting an 8.78 per cent increase. The market cap is at Rs 19,628.08 crore. The stock has exhibited a price volume breakout with a volume spike and has bounced from the 50-day EMA and support. Returns from the 52-week low are 54.42 per cent. The RSI is at 62.4, suggesting the stock's recent momentum.

CESC Ltd: CESC Ltd reached a high of Rs 210 with a trading volume of 7.03 crore shares. The stock is currently trading at Rs 207.77, up from its previous close of Rs 188.72, which is a 10.09 per cent increase. With a market capitalization of Rs 27,606.25 crore, the stock has shown a price volume breakout and achieved a 52-week high breakout. It has multibagger returns from its 52-week low, standing at 157.46 per cent. The RSI is at 74.18, indicating strong upward movement in the stock's price.

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

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