Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Friday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.28 per cent and closed at 81,381.36, while Nifty closed lower by 0.14 per cent and closed at 24,964.25 level. However, the Broader market, the Nifty Mid-Cap closed higher by 0.47 per cent at 59,212.70, while the Nifty Small-Cap closed higher by 0.58 per cent and closed at 19,008.80.
Market volatility, as indicated by India VIX, fell by 2.07 per cent and is trading at the level of 13.22 reflecting a fall in market volatility.
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Top 3 price-volume breakout stocks:
Bandhan Bank Ltd: Bandhan Bank Ltd is currently trading at Rs 209.44, reflecting a per cent change of 11.58 per cent from the previous close of Rs 187.7. The stock has seen a significant traded volume of approximately 1298 lakhs on Friday. With a market cap of Rs 33,991.49 crore, the stock has a return of 23.82 per cent from its 52-week low. The price has not reached its 52-week high of Rs 263.1 yet, indicating potential for further movement in the upcoming sessions. The increase in volume points to increased interest among investors.
JM Financial Ltd: JM Financial Ltd is currently trading at Rs 153.2, marking a per cent change of 5.66 per cent from the previous close of Rs 144.99. The stock has recorded a traded volume of approximately 578 lakhs on Friday. With a market capitalization of Rs 14,702.19 crore, the stock shows impressive returns of 122.03 per cent from its 52-week low. Today, the stock reached its 52-week high of Rs 160.45, further enhancing its bullish outlook. The volume spike indicates strong market interest.
Usha Martin Ltd: Usha Martin Ltd is currently trading at Rs 419.5, reflecting a per cent change of 14.26 per cent from the previous close of Rs 367.15. The stock has witnessed a traded volume of approximately 446 lakhs on Friday. With a market cap of Rs 12,886.16 crore, the stock has delivered returns of 65.94 per cent from its 52-week low. The stock reached its 52-week high of Rs 433.8, demonstrating strong upward momentum. The significant volume increase highlights heightened activity and interest.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Bandhan Bank Ltd
|
209.44
|
12,97,06,336
|
|
2
|
Jm Financial Ltd
|
153.2
|
5,78,34,558
|
|
3
|
Usha Martin Ltd
|
419.5
|
4,46,42,254
|
|
4
|
Hindustan Construction Company Ltd
|
42.5
|
3,96,98,959
|
|
5
|
Tv18 Broadcast Ltd
|
43.8
|
1,69,75,994
|
|
6
|
Equinox India Developments Ltd
|
129.03
|
1,13,92,608
|
|
7
|
Network18 Media & Investments Ltd
|
81.75
|
74,05,994
|
|
8
|
Triveni Turbine Ltd
|
792.45
|
71,13,798
|
|
9
|
BSE (Bombay stock exchange)
|
4534
|
64,86,172
|
|
10
|
Meghmani Organics Ltd
|
104.9
|
55,11,021
|
Disclaimer: The article is for informational purposes only and not investment advice.