Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.21 per cent and closed at 81,467.10, while Nifty closed lower by 0.12 per cent and closed at 24,981.95 level. However, in the Broader market, Nifty Mid-Cap closed higher by 0.97 per cent at 59,102.65, while Nifty Small-Cap closed higher by 1.33 per cent and closed at 18,864.60.
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Market volatility, as indicated by India VIX, fell by 3.22 per cent and is trading at the level of 14.12 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Jyoti Structures Ltd: Jyoti Structures Limited is currently trading at Rs 32.07, with a traded volume of 5.99 crore shares. The stock showed a 9.98 per cent increase from its previous close of Rs 29.16. The price is near its 52-week high of Rs 33.56, and the stock has bounced from a support zone. It has delivered multibagger returns of 199.72 per cent from its 52-week low. A notable increase in trading volume suggests a price-volume breakout. The stock has been in focus since Ashish Kacholia bought a stake, which has generated further interest in the market.
Dhani Services Ltd: Dhani Services Ltd is trading at Rs 63.62, with a traded volume of 2.81 crore shares. The stock surged 19.99 per cent from its previous close of Rs 53.02, breaking through its 52-week high of Rs 63.62. The stock has returned 91.34 per cent from its 52-week low. The volume spike suggests strong market participation, and the price-volume breakout reflects heightened trading interest. The stock’s performance indicates continued momentum.
Rites Ltd: Rites Ltd is currently trading at Rs 322.35, with a traded volume of 2.53 crore shares. The stock rose 7.32 per cent from its previous close of Rs 300.35 and remains well below its 52-week high of Rs 412.98. The company has shown a return of 49.13 per cent from its 52-week low. The stock has bounced from strong support, with a significant increase in trading volume, indicating a price-volume breakout.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Jyoti Structures Ltd
|
32.07
|
5,99,15,241
|
|
2
|
Dhani Services Ltd
|
63.62
|
2,80,94,925
|
|
3
|
Rites Ltd
|
322.2
|
2,52,77,557
|
|
4
|
Gujarat Ambuja Exports Ltd
|
142.56
|
1,52,11,860
|
|
5
|
Exide Industries Ltd
|
521
|
1,31,94,393
|
|
6
|
Lloyds Engineering Works Ltd
|
79.7
|
1,18,68,775
|
|
7
|
Central Depository Services Ltd
|
1470
|
1,08,53,804
|
|
8
|
Adf Foods Ltd
|
316.5
|
59,58,527
|
|
9
|
Welspun Living Ltd
|
171.85
|
52,20,216
|
|
10
|
IIFL Securities Ltd
|
409.8
|
51,71,488
|
Disclaimer: The article is for informational purposes only and not investment advice.