Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, Benchmark indices concluded the trading day on a negative note as Sensex declined by 0.78 per cent and closed at 81,050, while Nifty declined by 0.87 per cent and closed at 24,795.75 level. However, the Broader market, Nifty Mid-Cap closed lower by 2.01 per cent at 57,300.20, while Nifty Small-Cap closed lower by 2.75 per cent and closed at 18,242.85.
Market volatility, as indicated by India VIX, rose by 6.72 per cent and is trading at the level of 15.08 reflecting a rise in market volatility.
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Top 3 price-volume breakout stocks:
Finolex Industries Ltd: Finolex Industries Ltd is currently trading at Rs 290, showing a per cent change of 6.76 per cent from the previous close of Rs 271.65. The stock touched a high of Rs 297.8 today with a traded volume of 1.13 crore shares. The stock bounced from its 200-day EMA, facing resistance at the 20-day and 50-day EMA at the day’s high. It recorded its highest single-day volume in the last 52 weeks. Finolex is up 56.08 per cent from its 52-week low and its market cap stands at Rs 17,931.11 crore.
CG Power and Industrial Solutions Ltd: CG Power and Industrial Solutions Ltd is trading at Rs 756.35, an increase of 5.23 per cent from its previous close of Rs 718.75. The stock hit a high of Rs 762 with a trading volume of 83.77 lakh shares today. It bounced from its 50-day EMA and formed a bullish engulfing candlestick pattern. The company has delivered multibagger returns of 110.57 per cent from its 52-week low, with a market cap of Rs 1,15,965.98 crore.
DB Corp Ltd: DB Corp Ltd is currently trading at Rs 364, rising 12.61 per cent from the previous close of Rs 323.25. The stock reached a high of Rs 371.8 with a trading volume of 65.98 lakh shares. It bounced from its 50-day EMA, and the stock recorded the highest single-day volume in the last 300 trading days. DB Corp is up 54.37 per cent from its 52-week low, with a market cap of Rs 6,457.29 crore.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Finolex Industries Ltd
|
294.4
|
1,13,42,849
|
|
2
|
CG Power and Industrial Solutions Ltd
|
759.15
|
83,76,857
|
|
3
|
D.b.corp Ltd
|
361.15
|
65,98,079
|
|
4
|
Astrazeneca Pharma India Ltd
|
7845.55
|
11,16,761
|
|
5
|
Ausom Enterprise Ltd
|
134.24
|
7,77,952
|
|
6
|
Pavna Industries Ltd
|
522
|
7,44,129
|
|
7
|
Palred Technologies Ltd
|
126
|
5,96,013
|
Disclaimer: The article is for informational purposes only and not investment advice.